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.
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.
To view full details, sign in with your My Oracle Support account.
Don't have a My Oracle Support account? Click to get started!
In this Document