Loan Repayment
Federal student loans can help make college more affordable, but it's important to remember that loans are borrowed money that must be repaid with interest. Understanding your repayment responsibilities before you leave school can help you make informed financial decisions and avoid surprises later.
For many borrowers, repayment begins after they graduate, leave school, or drop below half-time enrollment, although the timing can vary depending on the type of loan. Learning the basics of repayment now can help you prepare for the future. Visit the U.S. Department of Education's webpage to explore repayment plans, understand your options, and learn how to successfully manage your student loans.