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Federal Student Loan Repayment & Forgiveness

Federal student loan repayment begins after your grace period expires. Prior to your first payment, a loan servicer must provide you with a loan repayment schedule that states when your first payment is due, the number and frequency of payments, and the amount of each payment.

Visit The National Student Loan Data System (NSLDS) to view your federal student loan history and loan servicer information. It is the student's responsibility to provide updated contact information to the University and any loan servicers.

Loan Repayment

There are a variety of federal student loan repayment plan options for borrowers:

  • Standard Repayment
  • Graduate Repayment
  • Extended Repayment
  • Income-Based Repayment
  • Income-Contingent Repayment
  • Income-Sensitive Repayment

These repayment plans are available to provide you with options and assistance given your individual circumstances. Your loan servicer can work with you on repayment plans and loan consolidation, and will assist you with other tasks related to your federal student loans.

REMEMBER: You must repay a student loan even if your financial circumstances become difficult - contact your loan servicer to determine which repayment plan will best work for you.

Loan Forgiveness Programs

Loan forgiveness programs provide borrower's with assistance in repaying their federal student loans. In addition to the following programs, some employers may also offer loan repayment assistance as an employment benefit.

Federal Direct Loan Consolidation

*Direct consolidation loan allows a borrower to consolidate multiple federal student loans into one. The result is a single monthly payment instead of monthly payments. See if its right for you, and use the National Student Loan Data System (NSLDS) to review your federal loan history!

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