November 15, 2012
In a press release from New York Governor Andrew Cuomo earlier this week, the New York State Higher Education Services Corporation (HESC) was directed to grant temporary relief of student loans to New Yorkers who have fallen victim to the affects of Hurricane Sandy. Residents from Bronx, Kings, Nassau, New York, Queens, Richmond, Rockland Suffolk and Westchester counties are eligible to receive a 90 day grace period on their student loan payments, if requested. The grace period extends from October 27th, 2012 to January 25th, 2013. Additionally, military members who were called to assist in the aftermath of the hurricane will be eligible for the grace period as well.
Borrowers should contact HESC to request a temporary suspension by calling 1-866-991-HESC (4372) or by emailing Dept736@hesc.ny.gov. A specific option has been added to the toll free number for Hurricane Sandy victims.
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