Student Loan Repayment 
Before repayment begins , develop a plan that puts you on track to pay back your loan on time and in full. Understanding the details of repayment on your federal student loan can save you time and money. Find out what repayment plan options are available , when you must begin making payments , how to make your payment , how to pay your loan off faster , and what to do if you have trouble making payments. 

I need more information about my loan servicer. 
Find out who services your federal student loan. Try This Resource Federal Student Loans: Repaying Your Loans Provides information about federal student loan repayment plan options, finding loan history and loan servicers, and making payments. 

I need more information about the types of repayment plans available. 
Learn more about Repayment Plans. When You Must Begin Payments The Grace Period Making Payments Having Your Student Loan Forgiven REMEMBER : Your federal student loans can t be canceled or forgiven because you didn t get the education or job you expected or you didn t complete your education unless you couldn t complete your education because your school closed. 

When You Must Begin Payments 
Once you graduate , drop below half - time enrollment , or leave school , your federal student loan goes into repayment. However , if you have a Direct Subsidized, Direct Unsubsidized, or Federal Family Education Loan , you have a six - month grace period before you are required to start making regular payments. You ll have a nine - month grace period if you ve got a Perkins Loan. (Got a PLUS loan? You ll go into repayment as soon as the loan is fully disbursed which means once it s paid out. But if you re a graduate and professional student PLUS borrower, you will be placed on an automatic deferment while in school and for six months after graduating, leaving school, or dropping below half-time enrollment.) Note: When your loan enters repayment , your servicer will automatically place you 

user: Hi, I need to make regular payments on my student loan. What sort of options are available to make this easier for me?

assistant: You can set up a Standard Repayment Plan with  your loan servicer. If this does not work for you you can tell your loan servicer that you would like a different repayment plan. It is best to contact your loan servicer about repayment of  your loan.

assistant: Would you like to schedule an automatic monthly electronic debit for the repayment of your loan?

user: No I don't think I would like that.

assistant: Would you prefer to made a payment on your loan by sending a check by mail?

user: Yes I would like to pay by check.

assistant: That can be done. You will have to contact your loan servicer and ask for their mailing address and you can then mail them a check.

user: What are my options for making a payment of my loan?

assistant: You can contact your loan servicer who will advise you as to how to make payments on your loan.

user: How do I go about changing my repayment plan if my financial circumstances change?

assistant: It is best to contact your loan servicer about changing your repayment plan. However, you might want to use the Loan Simulator to get a look at which plans you may be eligible for and see estimates for how much  you would pay monthly before contacting your loan servicer.

user: I have not been able to make a couple of loan payments in the last months and am wondering what I should do about it?

assistant: If you have missed some of your payments it is best to contact your loan servicer and explain your situation especially if you are struggling to make payments on time.