Federal Student Loan Counseling

          

REPAYMENT OPTIONS

There are three repayment plans available to Federal Stafford Loan borrowers:  Standard, Graduate, and Income-Sensitive. All three repayment plans normally require that the loan be repaid within ten years. You may repay the loan early with no penalties. Your lender can tell you which repayment option is best for you.


Standard Repayment

Graduated Repayment

Income-Sensitive Repayment

Loan Consolidation

To consolidate your loans and for more information, go to www.loanconsolidation.ed.gov.

Lenders offering consolidation loans:

QUIZ QUESTION:

I must repay a Perkins Loan and/or Stafford Loan with all accrued interest and deducted fees.
True False

In order to complete your loan counseling session, it is important that you read all of the provided information. You will then need to complete the form at the end of the six information pages provided.