COVID-19 About News Investors Careers Search In Repayment New to Navient Military Benefits Money & Finances For School Aid Offices COMPARE YOUR OPTIONS REPAYMENT OPTIONS FOR PRIVATE LOANS When your private loans enter repayment, they will automatically be placed into a Standard Repayment Plan. This is the fastest way to repay your loans and you’ll pay less over time than other options*. Check out the information below to learn about some other common repayment options for private student loans. Navient services a variety of private student loan programs – with different loan agreements, originated by various lenders. Some repayment programs are described in your loan agreement. Not all options are available to all borrowers. Loan type, terms and conditions in the loan agreement, lender’s current policy and procedure, and the borrower’s and cosigner’s financial circumstances may all be factors in determining options available. Additional options may also be available at the lender’s discretion. Tip for Navient customers: Not sure if you have private loans? You can easily identify your loan type on the Account Summary page after logging into (or creating) your online account at Navient.com. STANDARD REPAYMENT PLAN Learn More Description: This plan has a repayment schedule with fixed Monthly Payment Amounts of principal and interest that will be due for the contractual repayment term. Consequences: This is the fastest way to repay your loans and you’ll pay less over time than other options*. How to Apply: Not applicable – your loans will automatically be placed into a Standard Repayment Plan. INTEREST-ONLY REPAYMENT PROGRAM Learn More EXTENDED TERM PROGRAM Learn More RATE REDUCTION PROGRAM Learn More DEFERMENT Learn More FORBEARANCE Learn More COSIGNER RELEASE Learn More LOAN FORGIVENESS AND DISCHARGE Learn More * Assumes continuous, on-time payments are made in the amounts and on the dates disclosed in your payment schedule. COVID-19 SITEMAP NEWS INVESTORS CAREERS ABOUT Values & People Products & Services Social Responsibility Trust & Security IN REPAYMENT Federal Student Loans Private Student Loans Taxes & Interest Credit Reporting Managing Your Account About Payments Forms NEW TO NAVIENT MILITARY BENEFITS MONEY & FINANCES FOR SCHOOL AID OFFICES StudentAid.gov © 2021 Navient Solutions, LLC (NMLS #212430). All rights reserved. Navient and the Navient logo are registered service marks of Navient Solutions, LLC. Navient Corporation and its subsidiaries, including Navient Solutions, LLC, are not sponsored by or agencies of the United States of America. Terms of Use Protecting Your Privacy California Privacy Rights Social Media Policies Accessibility About Our Ads CONTACT US