On Friday, the Biden administration released a beta version of the program that students can use to request loan forgiveness.
Most borrowers, those who get Pell Grants, would be qualified for an additional $10,000 in debt reduction.
According to the administration, the whole strategy is anticipated to assist more than 40 million debtors.
The website's opening, announced by CNN, comes before the official application process for student debt relief, which is scheduled to start later this month and go through December 31, 2023, according to the website.
Before this, the Department of Education had stated that applications would be made accessible in early October.
According to a department spokesman, borrowers will be able to submit applications for the student debt relief program throughout the beta testing phase.
According to a department spokesman, borrowers will be able to submit applications for the student debt relief program throughout the beta testing phase.
Before the formal application launch later this month, the department says it can use this time to monitor the application site's performance through "real-world use," improve procedures, and find any potential flaws.
People who received Pell Grants for college, a sort of financial help granted to students from low-income households, will be eligible for the enormous amount of debt reduction - up to $20,000 - under the new law.
All other federal loan holders qualify for relief of up to $10,000.