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Loan Repayment

by Partin,Wesley Benjamin last modified Apr 05, 2012 04:12 PM

Information about your federal loan(s) and repayment

Information on your federal loan debt, such as loan holder information, which program you borrowed from, and how much you have borrowed is available at the National Student Loan Data System (NSLDS) website www.nslds.ed.gov. Click on ‘Financial Aid Review’ and enter your personal information including your U.S. Department of Education Personal Identification Number (PIN).  If you have not been issued a PIN or have lost your PIN, you can request a new or duplicate PIN online at: www.pin.ed.gov.  If you do not have internet access, you can identify your loan holder by calling 1-800-4-FED-AID.

Your loan holder, the organization that handles billing you for your loan, will provide you with information about repayment and your repayment start date. Final determination of your monthly payment, interest, and length of repayment will be made by your loan holder.  Depending on your loan(s) and holder (s), your repayment amount and repayment period will differ. For more information regarding Direct Stafford Loans, such as interest rates, loan limits (annual and career), repayment, grace periods, loan forgiveness, and more please visit http://studentaid.ed.gov/PORTALSWebApp/students/english/repaying.jsp.

The  Federal Student Aid website also provides information on repayment plans and calculators. In addition, their website provides contact information for important loan servicing agencies and websites.

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