Beware Of Stimulus Check Scams And Related Hoaxes

Kelly Phillips Erb, Forbes

Ugh. The ink is barely dry on the "Coronavirus Aid, Relief, and Economic Security Act" or the "CARES Act" - and scammers are already coming up with schemes to defraud taxpayers. Specifically, identity thieves are using confusion over the stimulus checks to convince potential victims to turn over personally-identifying information. Read here.

Coronavirus and Forbearance Info for Students, Borrowers, and Parents
The U.S. Department of Education (ED) office of Federal Student Aid are actively monitoring the new coronavirus/COVID-19 outbreak. On March 27, 2020, the president signed the CARES Act into law, which, among other things, provides broad relief for federal student loan borrowers. Here we have answered questions about several provisions of the Act. If you’re concerned about your studies or loan repayment, we can help you understand what to do in certain circumstances. We’ll be adding information for students, borrowers, and parents to this page on a regular basis,