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EPY: How to Suspend Federal Student Loan Garnishments (Doc ID 2661383.1)

Last updated on APRIL 21, 2020

Applies to:

PeopleSoft Enterprise HCM Payroll for North America - Version 8.9 to 9.2 [Release 8.9 to 9]
Information in this document applies to any platform.

Goal

House Bill H.R. 748: Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was enacted on March 27, 2020. Section 3513 of the Bill suspends Federal Student Loan garnishments.

The Department of Education announced the suspension will last at least 60 days beginning on March 13.  Department of Education statement can be viewed here

Solution

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Goal
Solution

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