Repayment information

A page within Financial Aid

Repayment Estimator

calculator2Use the Repayment Estimator to estimate federal student loan payments under each repayment plan. 





Repayment Information

  • Tutorial Video: Repaying Your Student Loans
  • Remember, federal student loans are real loans, just like car loans or mortgages. Students must repay a student loan even if their financial circumstances become difficult. Student loans cannot be canceled because students didn’t get the education or job  expected or because a degree was not obtained.
  • Students have a choice of several repayment plans that are designed to meet their needs. The amount that is paid and the length of time to repay loans will vary depending on the repayment plan chosen.
  • Contact the federal loan servicer to discuss repayment plan options or change the repayment plan. Information about all of the federal student loans received as well as finding out who the loan servicer is can be found at The loan servicer is there to work with the student to determine the best repayment option.
  • General information about the various repayment plan options (Standard Repayment, Extended Repayment, Graduated Repayment, Income Contingent Repayment, Income-based Repayment and Pay As You Earn Repayment) is available.
  • Although a student may select or be assigned a repayment plan when first beginning to repay student loans, students can change repayment plans at any time.
  • Private student loans received are not federal loans and are not included in NSLDS.

Deferment, Forbearance, and Forgiveness