Understanding Federal Student Loan Repayment

Learn about federal student loan repayment to better plan and avoid forbearance

During college, you can choose to set up your federal student loans so they are deferred, which means you don’t need to make payments until you finish school or drop below part-time status. Most federal loans are deferred, but if you obtain a private student loan, you will also have the choice of immediate or interest-only repayment until graduation.

After you graduate college (or leave school), you'll typically have a grace period before you enter your student loans' repayment period. At this point in time, you’ll need to begin making regular monthly payments toward the principal and interest of your student loans. Learn more about student loan repayment options below.

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