STUDENTS are being warned about a scam email that promises to pay off loans under the CARES Act.
The Sun has seen an email that claims student loans may eligible for stimulus forgiveness.
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It calls on recipients to “submit” an application by January 31.
In August, President Biden signed off plans to extend the pause on federal student loan payments until January 31.
But, on December 22, the White House revealed that the pause was extended for another 90 days, taking it to May 1.
Biden said: “We know that millions of student loan borrowers are still coping with the impacts of the pandemic and need some more time before resuming payments.”
There is no need to submit any “application” by the end of this month.
The email states: “This applies to all loan statuses including those loans in default and garnishment.”
The sender urged the recipient to call a “dedicated eligibility line” at 209-332-8233.
In the scam email, the recipient was warned that the benefits would only be applied on a “first come, first serve basis”.
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They were also urged to provide their personal validation code when speaking to a “representative”.
Ben Brigida, director of SOC Operations at Expel, told TechRepublic said
