The Education Department has not fully explained one critical detail in its recent announcements about the extended deadline to get a 1% student loan interest rate cut.

The Education Department announced that it is extending the enrollment deadline for student loan borrowers borrowers to receive an enhanced 1% interest rate reduction.

The Department of Education is extending the deadline for a temporary reduction in student loan interest rates. See who is eligible and how to apply.

A day before the deadline was set to end, the Education Department extended the window in which student loan borrowers can get a small reduction on their interest rates.