You have eight days to decide what to do with student loans enrolled in SAVE, before they begin accruing interest.

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The Education Department said that while income-driven repayment applications were available, student-loan servicers wouldn't process them yet.

The U.S. Department of Education reopened applications for a handful of its student loan repayment plans after a February court ruling resulted in the department pauseing incoming applications.

The U.S. Department of Education’s Office of Federal Aid has resumed income-driven repayment loans and loan consolidation applications for borrowers, according to the agency.

Here’s what it means for borrowers, and what students and parents need to do next. Which loan repayment plans were canceled by the education department?