{"id":5285,"date":"2023-03-31T20:07:35","date_gmt":"2023-03-31T20:07:35","guid":{"rendered":"https:\/\/www.microsoft.com\/en-us\/microsoft-365-life-hacks\/?p=5285"},"modified":"2024-08-27T05:29:59","modified_gmt":"2024-08-27T05:29:59","slug":"calculate-student-loan-pause-savings","status":"publish","type":"post","link":"https:\/\/www.microsoft.com\/en-us\/microsoft-365-life-hacks\/budgeting\/calculate-student-loan-pause-savings","title":{"rendered":"How to calculate how much you saved during the COVID-19 student loan pause"},"content":{"rendered":"<div class=\"main-content\" data-grid=\"col-12\">\n<p class=\"c-paragraph-3\">If you have eligible federal student loans, you probably noticed that your payments were paused over the last few years. Wondering how much you saved during the student loan pause? Since March 2020, you\u2019ve likely saved hundreds or even thousands of dollars on the accrued <a href=\"https:\/\/www.microsoft.com\/en-us\/microsoft-365-life-hacks\/budgeting\/simple-vs-compound-interest\">interest<\/a>. Use our guide to calculate your exact savings and start budgeting for the new year.<\/p>\n<\/p><\/div>\n<div class=\"full-bleed-image\">\n        <picture class=\"c-image\"><source srcset=\"https:\/\/m365contenthub.wpengine.com\/en-us\/wp-content\/uploads\/2023\/03\/How-to-calculate-How-much-you-saved-during-The-COVID-19-student-loan-pause-1600x600-1.jpg\" media=\"(min-width:767px) and (max-width:1600px)\" \/><source srcset=\"https:\/\/m365contenthub.wpengine.com\/en-us\/wp-content\/uploads\/2023\/03\/How-to-calculate-How-much-you-saved-during-The-COVID-19-student-loan-pause-1600x600-1.jpg\" media=\"(min-width:540px) and (max-width:767px)\" \/><img decoding=\"async\" src=\"https:\/\/m365contenthub.wpengine.com\/en-us\/wp-content\/uploads\/2023\/03\/How-to-calculate-How-much-you-saved-during-The-COVID-19-student-loan-pause-1600x600-1.jpg\" srcset=\"https:\/\/m365contenthub.wpengine.com\/en-us\/wp-content\/uploads\/2023\/03\/How-to-calculate-How-much-you-saved-during-The-COVID-19-student-loan-pause-1600x600-1.jpg\" alt=\"\" \/>\n    <\/picture>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Whether you\u2019re aggressively paying down your debt or just trying to make your minimum payments, understanding the ins and outs of your student loans can help you manage your finances. Find out how much you\u2019ve saved during the federal student loan pause and learn what to do when payments resume.<\/p>\n","protected":false},"author":1,"featured_media":5288,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[3],"tags":[28],"class_list":["post-5285","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-budgeting","tag-budgeting"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.10 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Calculate your student loan pause savings \u2013 Microsoft 365<\/title>\n<meta name=\"description\" content=\"Calculate how much money you\u2019ve saved during the COVID-19 student loan pause. Learn about the federal student loan pause and strategies for paying down your loans.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Calculate your student loan pause savings \u2013 Microsoft 365\" \/>\n<meta name=\"twitter:description\" content=\"Calculate how much money you\u2019ve saved during the COVID-19 student loan pause. Learn about the federal student loan pause and strategies for paying down your loans.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/m365contenthub.wpengine.com\/wp-content\/uploads\/2023\/03\/How-to-calculate-How-much-you-saved-during-The-COVID-19-student-loan-pause-800x550-1.jpg\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Calculate your student loan pause savings \u2013 Microsoft 365","description":"Calculate how much money you\u2019ve saved during the COVID-19 student loan pause. Learn about the federal student loan pause and strategies for paying down your loans.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"twitter_card":"summary_large_image","twitter_title":"Calculate your student loan pause savings \u2013 Microsoft 365","twitter_description":"Calculate how much money you\u2019ve saved during the COVID-19 student loan pause. Learn about the federal student loan pause and strategies for paying down your loans.","twitter_image":"https:\/\/m365contenthub.wpengine.com\/wp-content\/uploads\/2023\/03\/How-to-calculate-How-much-you-saved-during-The-COVID-19-student-loan-pause-800x550-1.jpg","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.microsoft.com\/en-us\/microsoft-365-life-hacks\/budgeting\/calculate-student-loan-pause-savings","url":"https:\/\/www.microsoft.com\/en-us\/microsoft-365-life-hacks\/budgeting\/calculate-student-loan-pause-savings","name":"Calculate your student loan pause savings \u2013 Microsoft 365","isPartOf":{"@id":"https:\/\/www.microsoft.com\/en-us\/microsoft-365-life-hacks\/#website"},"datePublished":"2023-03-31T20:07:35+00:00","dateModified":"2024-08-27T05:29:59+00:00","author":{"@id":"https:\/\/www.microsoft.com\/en-us\/microsoft-365-life-hacks\/#\/schema\/person\/55ca651b2ccce6c95ad8d20feac4e8fd"},"description":"Calculate how much money you\u2019ve saved during the COVID-19 student loan pause. 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