Of course Loans must be repaid.
you have missed a payment or are having trouble making payments?
yes
Immediately contact and discuss options with the organization that handles billing and other services for your loan to avoid default on your loan.
Who Must Declare in the Federal Perkins Loan Program?
The loan holder can declare that the loan is in default if they do not make their scheduled payment by the due date.
and what should i pay?
It is important to pay the amount that appears on your bill and pay before the due date.
What happens if I am behind on my student loan for more than 90 days?
In that case your loan servicer will report delinquencies to the top three national credit bureaus
What if my payment is due?