Entering Repayment

Student loan repayment for a Stafford student loan begins six months after you graduate, drop below half-time enrollment, or withdraw from school.  Making timely payments will help you establish a good credit history and demonstrate to other creditors that you are a responsible borrower, a quality that can benefit you for many years into the future.  You will generally have up to ten years to repay a Stafford student loan, and deferment, forbearance, and various repayment options are available if you meet certain requirements.  Two of our most popular student loan repayment options are Auto-Debit, which automatically withdraws payments from your designated bank account each month, and Online Payment, which allows you to pay online at your convenience.