Student loan borrowers on new RAP plan can lose key benefits if they pay even one day late

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The new Repayment Assistance Plan, or RAP, offers benefits to federal student loan borrowers — but only if their bill is paid on time. Here's what to know.

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Published

7/12/2026, 1:30:01 PM

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7/12/2026, 6:07:12 PM

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