Loan relief

Bank of North Dakota Offering Student Loan Relief Options

BISMARCK, N.D.–The Bank of North Dakota announced its student loan relief plans to assist students impacted by COVID-19 on Tuesday. Effective Immediately, borrowers may request to defer payments for six months. Additionally, interest rates for variable borrowers will decrease April 1 and Bank of North Dakota will reduce payments to reflect the new interest rate. Borrowers with fixed interest rates…