CLICK HERE FOR FEDERAL STUDENT LOAN REPAYMENT GUIDANCE
贷款 repayment can be an intimidating subject for borrowers. Whether you are considering borrowing or already in repayment, being informed can help you take control of your 财务状况.
I'm worried about repaying loans. 我该怎么办呢??
Before you borrow any loan funds, remember to keep borrowing to a minimum. Borrow only what you need
to cover necessary expenses, not extras. To lower your monthly payment, consider
paying interest while in school or in your grace period before repayment. 无薪
interest is added to your loan balance (capitalized) when you enter repayment.
If you've already received a Direct 贷款，控制! 联系 直接贷款 to talk about your repayment options. Consider these payments as a part of your monthly spending plan to decide on the best option for you.
I'm already in repayment for a loan, but I'm having trouble making payments. 什么
我能做什么??
联系 直接贷款 as soon as possible! They can help you! They can review your information to see
if you qualify for a 忍耐, loan forgiveness, cancellation, or discharge , loan consolidation, or a change in your repayment option.
Don't go into default by not making payments! Not making payments can result in severe consequences like having your wages garnished, having your professional license revoked, and becoming ineligible for any federal aid in the future. Avoid all these problems by contacting 直接贷款!
Learn more facts about default and repayment.
什么 is loan forgiveness? How do I know if I qualify?
Some borrowers can have a portion of their entire loan forgiven or canceled. 你 may qualify if you perform volunteer work with certain organizations, work as an educator in certain areas, or are enlisted in the Army National Guard. Find out more about loan forgiveness .
Repayment Concepts & 提示
预算
Now is a good time to come up with a monthly budget. Try making a chart with your
monthly payments including mortgage/rent, utilities, transportation, groceries, entertainment,
non-monthly expenses (car insurance, vacation, repairs, etc.), and your estimated
loan payment (based on your chosen repayment option). Compare this to your expected
月薪. Changing your spending habits now is an effective way to prepare
for entering loan repayment. Make out a monthly budget and use the Direct 贷款 Program
Budget 计算器.
