Loan Repayment


Our financial aid counselors are available to meet with you to go over your specific loan portfolio and share calculations, strategy, and guidance for repaying your educational loans.

Topics include:

  • Customized calculations for monthly payment amounts, payment beginning and ending dates, amount of interest, and total payments by loan type 
  • Expert guidance on a wide range of topics, including deferment options, forbearance options, and other repayment types

Contact us to schedule an appointment

Repayment: Key details

  • Most federal loan programs are set up with a 10-year repayment plan.
  • You must select a repayment plan prior to the time repayment begins. If you do not do this, you will automatically be placed on the standard, ten-year repayment plan. View some of these loan repayment options.
  • There are several programs that allow the Direct Loan Servicer to pay off your existing student loans and create one new loan. Examples include graduated repayment, income-driven repayment, and consolidation.
  • Here is information on whether or not you should refinance your federal student loans.