Repay Your Loans

Be prepared!

You may have questions about loan repayment - Why is it important? Where do I begin? What is best for my situation? The good news is there are many resources available to help you make these important financial decisions.

At Graduation/Leave

Learn about the loan responsibilities you'll face as Graduation or Leave-taking approaches. You'll need to complete exit counseling and begin thinking about your repayment strategy.

Interest Rates & Grace Periods

A Grace Period is a length of time when payments are not required on your loan. Learn what to do during your Grace Period & how Interest Accrues.

Loan Repayment Plans

The Federal Perkins Loan offers a 10-year repayment period and are paid in fixed monthly installments. The Federal Direct Student and PLUS Loans offer many different repayment plans designed to fit different needs and income levels.

Learn more about Repayment Plans:

• Federal Direct Student Loan
• Federal Direct Plus Loan
• College Access Loan
• Texas B-On-Time Loan (BOT)
• Federal Perkins Loan
• Private Loan

(You should check with your lender to find out about your repayment options)

Servicers & Making Payments

Your loans are repaid to a "Servicer". Learn how and where to make your monthly loan payments in our Servicers & Making Payments section.

Postponing Loan Repayment

If you are having difficulty repaying your loans, don't give up! You need to take action & request help from your servicer. Learn about the options & the application process in our Deferment/Forbearance section.

Cancellation and Forgiveness

Certain circumstances might lead to your loans being forgiven, canceled, or discharged. View details in our Cancellation/Forgiveness section.

Other Tips & Resources

Review our Action Items checklist.
Loan Repayment Plan Comparison
Public Service Loan Forgiveness Flyer