Notice Regarding Student Loan Repayment Options
There are several repayment plans available to assist in managing your student loan account. Each plan has specific requirements based on your circumstances and offers different benefits to aid in repayment. If you have questions or need additional assistance please contact us at (888) 819-6388.
Standard repayment is based upon the loan agreement and results in fixed monthly payments over the life of the loan.
Loan deferment options are available to borrowers who return to a qualifying Title IV school full time. Payments of principal or interest are not required during the deferment period but interest will continue to accumulate at the contract rate during the deferment period.
Loan forbearance options are available based on qualified financial hardship. Options are available in 3 month increments for a maximum forbearance up to 12 months over the life of the loan. Payments of principal or interest are not required during the forbearance period but interest will continue to accumulate at the contract rate during the forbearance period.