---
title: "Unlocking Opportunities: Biden's SAVE Plan & 2024 FAFSA Updates"
description: Discover the latest on President Biden's SAVE plan and the 2024 FAFSA changes. Join our expert-led webinar to navigate new financial aid opportunities for students and alumni.
---

[Blog - Central Scholarship ](https://central-scholarship.org/blog)

# [Unlocking Opportunities: Biden's SAVE Plan & 2024 FAFSA Updates](https://central-scholarship.org/blog/unlocking-opportunities-bidens-save-plan-2024-fafsa-updates)

 Written by [Aleks Jaunzemis](https://central-scholarship.org/blog/author/aleks-jaunzemis) | Jan 24, 2024 2:44:52 PM

**President Biden's SAVE plan is moving forward in the release process; check out these details released by their office just this past week: **

"Starting in February, we will begin forgiving the remaining federal student loan balance for borrowers who​

✅ are on the Saving on a Valuable Education (SAVE) Plan; ​  
✅ originally borrowed $12,000 or less to attend school; and ​  
✅ have at least 10 years of payment history. ​

It does not matter if your outstanding balance is higher than what you originally borrowed. Learn more about early forgiveness and other benefits in 2024: [StudentAid.gov/save](http://studentaid.gov/save)"

 

Additionally, t**he 2024 FAFSA has officially been released, and Central Scholarship wants to help you navigate the significant changes that could affect you, your students, or members of your community. **

[Mark Kantrowitz,](https://www.linkedin.com/in/markkantrowitz/) nationally recognized FAFSA expert and author, will be teaming up with board member David Levy to deliver a comprehensive webinar that tackles the changes to FAFSA, ways to locate financial aid, and more, on Presidents day: February 19th, 2024, from 1-3 PM. Register here to reserve your spot, and input questions to our facilitators: [https://forms.office.com/r/cvzKqvqhWx](https://forms.office.com/r/cvzKqvqhWx)

[View full post](https://central-scholarship.org/blog/unlocking-opportunities-bidens-save-plan-2024-fafsa-updates)

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