Do I have repayment options?
After your grace period is over, you will be required to repay your student loans. Yes, there are several repayment options offered by the
- Standard Repayment – fixed amount over a period not to exceed 10 years
- Graduated Repayment – a low payment amount initially but gradually increases generally every 2 years.
- Extended Repayment – fixed or graduated payments over a period not to exceed 25 years.
- Income Contingent Repayment – a monthly amount based on how much money you make, how much you owe and family size. This plan is not available to parent borrowers.
For more information about these plans or to see if you qualify, please contact the
