If you have received a student loan or are considering loans to help pay for your
education please read this. Below you will find helpful resources, frequently asked
questions regarding loans and loan repayment. You may also want to visit our financial literacy page. This information is provided to help you determine if loans are the right option
for you and provide you with tools to manage your finances, including budgeting to
repay your loans.
- Know your loan repayment amounts: Estimate your future monthly loan repayment cost
using the Federal Student Aid Repayment Calculator.
- Know your loan repayment options: There are several repayment plans available, here
is an overview of Direct Loan and FFEL Program repayment Plans, you can also contact you loan servicer
for more information.
- Know the starting salaries in your field: You can use the U.S. Department of Labor's Occupational Outlook Handbook to estimate salaries for different careers or research employment opportunities advertised
in the area where you plan to live to get an idea of a local starting salary.