Exit Loan Counseling must be done once a borrower drops below half-time status (whether by taking less than 6 units, withdrawing from school completely or hopefully graduating). The grace period starts at this time as well. After the 6 month grace period has expired repayment starts.

To calculate your estimated monthly payment use the repayment estimator at www.studentloans.gov.

For information on your loans go to NSLDS (National Student Loan Data System) at www.nslds.ed.gov. This site will give you information on the total amount of loans borrowed, the name and contact information of your loan holder, and the status of each loan.

Postpone Repayment

Situations may arise during your repayment which make paying off your student loan debt difficult. You have deferment and forbearance options to postpone your payments and bring your account current without hurting your credit. Each option has its own eligibility rules and time limits. Please check with your loan servicer for all of your options. Below are the forms for some of the most common deferment requests.

Deferment Forms

Federal Loan Servicers

Federal Loan Servicer






FedLoan Servicing (PHEAA)



Great Lakes Educational Loan Services



Navient (was Sallie Mae)



Granite State (GSMR)



This is just a partial list. Click here for the full list.

Public Service Loan Forgiveness

Under this program, you may qualify for forgiveness of the remaining balance due on your eligible federal student loans after you have made 120 payments on loans under certain repayment plans while employed full time by certain public service employers. For more information click here.