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Repaying Student Loans

As mentioned earlier, loans must be repaid! After you graduate, leave school, or drop below half-time enrollment, you have six months before you must begin repaying your loans. It is important to begin repayment when you receive a bill from your lender. There are consequences for not making your monthly payment.

Keep track of what you owe and when repayment is due. Be aware that many students spend 10 to 20 years repaying college loans!

Access the calculators here.