Help Yourself

What to do now that pandemic aid is ending

As the pandemic wanes (slightly), the financial aid programs that came with it are also nearing their end. If you relied on the safety nets available — including eviction moratoriums and student loan payment pauses — it’s time to take action. Here are some ways to find help.

Housing

The federal eviction moratorium expires on July 31. Once that deadline passes, expect landlords to act swiftly. If you’re concerned about getting evicted, there’s help out there. Check your local legal aid office. Search this database published by Just Shelter, which features a nationwide list of organizations offering assistance. There are also still some federal funds available for housing. Check the Treasury Department’s site for how to get access to that rental assistance.

Unemployment

The unemployment assistance provided by the government was far-reaching: It provided increased payments, extended benefits, and more. However, that plan is set to expire on September 6. Finding help here is all about where you live. As The New York Times reports, some states’ unemployment programs are better than others. Don’t be discouraged. Check your state’s unemployment site for the benefits available.

Student Loans

There is hope for the pause on student loan payments. As of now, the forbearance is set to expire on September 30, but there is a push for that benefit to extend into next year. Until then though, be ready for payments to resume. Contact your loan servicer to see what your payments are and if they fit into your budget. If they don’t, check the Federal Student loan site to see what payment plans are available to you.

Chris O'Shea/SavvyMoney

July 2021