Student Loans

You can download at PDF file of the PowerPoint presentation from this workshop.

General resources

These are your “go-to” sources for information about student loans. Use the search tools to find answers to your questions.

What Type of Loans Do I Have?
  • All of your Federal loans will be listed in the National Student Loan Data System https://www.nslds.ed.gov.
    • Enter your username and password and select LOG IN if you already have an FSA ID. If you do not have an FSA ID, select the Create An FSA ID tab.
    • For each loan, you will see the type of loan, the amount, the date of the loan, how much money you received, how much of that amount is still owed, and any unpaid (outstanding) interest. Click on the # by each loan to see additional details, including the name and contact information for your loan servicer and lender, and the current and previous statuses of your loan
    • Learn about interest on federal student loans at https://studentaid.ed.gov/sa/types/loans/interest-rates#older-rates
  • If additional loans appear on your credit report, those will be private loans. Check your report from all three major credit reporting agencies at annualcreditreport.com/
Private Loans
Perkins Loans
Parent PLUS loans
Comparing Repayment Plans
  • For an overview of the various repayment plans, scroll down to the chart at https://studentaid.ed.gov/sa/repay-loans/understand/plans
  • Use the Repayment Estimator to compare the monthly payments & interest you will pay for each plan at https://studentloans.gov/myDirectLoan/mobile/repayment/repaymentEstimator.action.
    • Log in with your FSA info to use actual loan info or click Proceed to enter loan info manually or use national averages.
    • Click each loan to see the plans for which it qualifies. Switch the loan type to “Consolidated” to see if that gives you more options.
    • This page is designed for borrowers who have not yet made payments on their loans. If you are already making payments on your loans, your loan servicer should be able to give you more correct, current information about your options.
Loan Consolidation
Deferment and Forbearance
Difficulty making loan payments
Loan forgiveness, discharge, and cancellation
Getting Out of Default
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