Student Loan Repayment Guide
Consumer guide to student loan repayment guide.
Editorial note: This guide is educational. Pricing, programs, eligibility and rules can change. Verify important details with current official sources and qualified professionals.
Overview
Student loan repayment depends on loan type, servicer, balance, interest rate, income and the available repayment plan.
What to Consider
Confirm federal or private status, compare payment plans, understand capitalization and keep contact information current with the servicer.
Questions to Ask
- Who services the loan?
- Which repayment plans are available?
- How do extra payments affect principal and interest?