Repayment Options

Your loan repayment start date depends on the type of loan you borrowed. You are required to begin making payments on time, even if you have not received a payment notice or statement from your loan holder. If you do not receive a payment notice, request one from your loan holder immediately.

Subsidized and unsubsidized Federal Stafford Loan borrowers are eligible for a six-month grace period, beginning the day after you stop attending school at least half time. The first payment is due within 60 days after your grace period ends.

Federal Parent Loans for Undergraduate Students (PLUS) borrowers' first payment is due within 60 days after the loan is fully disbursed. Since interest accrues after the first disbursement, parent borrowers may want to make interest payments before subsequent disbursements are made.

Repayment Plans
Make sure that you select the loan repayment plan that is best for you.

Repayment Problems
Do not panic if you are having trouble making your student loan payments - Contact your loan provider to ask about your options.

If your loan is owned by MOHELA, Missouri's designated secodary market, you may also be eligible for a loan forgiveness program. For more information, visit the MOHELA website.