Repayment Plans

Your loan holder should inform you of your repayment terms before you enter repayment. There are a variety of repayment plans available. If you are considering another repayment plan, ask your loan holder which option is best for you. Your account will be placed on a standard repayment plan unless you request a different plan from your loan holder.

Prepayment

Standard Repayment

Graduated Repayment

Income-Sensitive Repayment

Extended Repayment

Income-Based Repayment

Repayment Amounts

Whether you took out $1,000 or $10,000 in loans, if you want to know what your monthly payments might be, this repayment chart can help you.