What to know about the SAVE student loan repayment plan

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The federal student loan repayment plan known as SAVE ended in 2026, requiring millions on the plan to choose — or get auto-enrolled in — a new plan.

SAVE (Saving on a Valuable Education) was an income-driven repayment plan the Biden administration launched in 2023.

The plan was initially suspended in 2024 as it was challenged in court. During that time, most enrolled borrowers had their payments put on hold pending the outcome.

After a court order in March 2026 ended SAVE, loan servicers began notifying borrowers to choose a new repayment plan or face auto-enrollment in one.

What are the best federal student loan repayment options?

The best resource for finding the most affordable federal student loan repayment plan for your situation is Federal Student Aid’s repayment calculator page, which can guide you in comparing options and applying. The FSA’s SAVE Plan Borrowers: FAQs page explains background and deadlines related to SAVE offboarding and finding a new plan. 

If you’re worried about falling behind on your federal student loans, Credit Karma’s student loan resource page can help you check your loan status, see whether your credit has been affected and link you to info on federal relief and repayment options.