After you graduate, leave school, or drop below half-time enrollment, you have a six month period of time before you have to begin repayment. This six month period of time is called the \u201cgrace period\u201d. Your federal loan servicer will provide information about repayment and will notify you of the date your loan repayment begins.<\/p>\n\n\n\n
You will be able to choose a repayment plan that meets your needs. The amount you pay and the length of time to repay your loans will vary depending on the repayment plan you choose. Generally, you\u2019ll have from ten to twenty-five years to repay your loans. Our office recommends that you explore the Direct Loan Repayment Plans and Calculators<\/a> <\/a> for more information about the repayment plans and to calculate your estimated repayment amount under each of the different plans.<\/p>\n\n\n\n All Federal Direct\/Stafford, PLUS, and Graduate PLUS loans are now being serviced by one of the agencies listed on studentaid.gov<\/a>. For specific questions about loan repayment or deferment, you can contact your federal loan servicing center directly. If you are not sure who your federal loan servicer is, you can look it up by logging into studentaid.gov<\/a>. View your federal student loan and grant history, and find out where to make your loan payment by logging in to studentaid.gov<\/a>.<\/p>\n\n\n\n Review important concepts, tips, and recommendations for repaying your student loans at studentaid.gov<\/a>.<\/p>\n\n\n\n You can pick from repayment plans that base your monthly payment on your income or that give you a fixed monthly payment over a set repayment period.<\/p>\n\n\n\nLoan Servicers<\/h2>\n\n\n\n
For more information on loan servicers, please go to studentaid.gov<\/a>.<\/p>\n\n\n\nFederal Student Loan Information<\/h2>\n\n\n\n
Repaying Student Loans 101<\/h2>\n\n\n\n
Federal Student Loan Repayment Plans<\/h2>\n\n\n\n