The nonprofit graduate loan specialist

Student Loan Repayment

Lower Your Monthly Payment

 
 
How to Lower Your Payment

If you have problems making payments look back to your budget to see if you can increase resources or reduce expenses.

You should also consider repayment options like extended or income based repayment. This may free up some money each month.

Contact Your Loan Holder or Servicer

Should problems arise, contact the holder or servicer of your loan immediately. They can provide more information and guidance.

You may be eligible for a deferment or forbearance. You may also consider Federal Loan Consolidation for federally guaranteed student loans.

 

Talk to your financial aid administrator about your options.

 
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