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: What is something I should do before student loan repayment begins?

assistant: You should have a plan that would keep you on track to pay back your loan on time and in full before repayment begins.

user: Should I contact my loan servicer if I am struggling to make payments?

assistant: Yes, it is a wise decision to contact your loan servicer if you are struggling to make your payments.

user: What is the grace period for federal student loans?

assistant: For federal student loans the grace period is after you graduate, leave school, or drop below half-time, you would have a six month grace period and sometimes 9 months for Perkins Loans.

user: Do I really have a grace period of six month?

assistant: Yes, you have a six-month grace period before you have to start paying back your student loans and nine months if you have a Perkins Loan.

user: What loan servicers are used to make payments to?

assistant: The US Depatment of Education has many loan servicers that handle the billing and other services on loans for William D. Ford Federal Direct Loan and for loans that will made under FFEL and ED purchased.

assistant: Did you set up automatic monthly debit payments for your loan from your checking or savings?

user: No, I have not set up automatic payments.

assistant: Do you send your payment by mail?