Your Guide to Student Loan Repayment Plans

Student loan repayment can feel a bit overwhelming. Fortunately, we offer different repayment plans that are designed to meet your needs.

Whether you prefer a lower monthly payment or to pay off your loans in a shorter period of time, our repayment plans can guide you on your path to repayment.

Federal Student Aid repayment plans fit into two groups: fixed payment repayment plans and income-driven repayment plans. The different repayment plans are meant to help you meet your unique financial goals.

00:00 – Intro
00:20 – Repayment Plan Options
00:55 – Fixed Repayment Plans
02:20 – Income-Driven Repayment Plans
03:14 – Try Loan Simulator
03:49 – Switching Repayment Plans
04:15 – Paying Off Your Loans
04:48 – Outro and Important Links

Watch the full playlist:    • Student Loan Repayment  

You can use Loan Simulator to compare repayment plans and find the best plan for your goals at https://www.StudentAid.gov/loan-simul....

Once you know which plan works for you, you can reach out to your loan servicer and ask to switch repayment plans. Find loan servicer information at https://www.StudentAid.gov/servicer.

For more information about student loan repayment, visit https://www.StudentAid.gov/repay101.