Office of Student Financial Aid

Repayment Options

The federal government offers a variety of repayment options. Some of the repayment options are:

  • Standard Repayment
  • Graduated Repayment
  • Extended Repayment
  • Pay as you Earn
  • Income-Sensitive
  • Income-Contingent
  • Income-Based
  • Loan Consolidation

In addition, there are recommended steps to take if you are having difficulty paying your loan such as:

  • Deferment
  • Forbearance
  • Flexible Pay
  • Loan Forgiveness

To learn more about repayment options and strategies available if you are having difficulty paying,
Click below

Public Service Loan Forgiveness Program
The Department of Education created the Public Service Loan Forgiveness Program (PSLF) to encourage individuals to enter and continue to work full-time in public service jobs. The Public Service Loan Forgiveness Program allows eligible borrowers to cancel the remaining balance of their Direct loans after serving full time at an eligible public service organization for at least 10 years while making 120 qualifying monthly payments after October 1, 2007. To learn more and to see if you qualify, click here

Repayment Calculator/Estimator
The Repayment Calculator/Estimator can be used when you're beginning repayment of your federal student loans for the first time or exploring repayment options based on your income.

To use the Repayment Calculator/Estimator, log into the calculator by clicking here: