海角社区 Loan Repayment
Education is important, but it can also be expensive. Most people need some financial assistance to pay the costs of higher education and decide to borrow student loans. Before you borrow, it’s important to understand how student loans work and how to borrow responsibily.
Watch this video to learn about:
- Five steps to organizing your student loans
- Three loan repayment rules to live by
Watch this video to learn about:
- Federal loan repayment options
- The pros and cons of various options
More Options for Your Repayment Strategy
Watch this video to learn about:
- Federal loan forgiveness programs
- Tips for developing and adhering to your repayment plan
Watch this video to learn about:
- What to do if you have missed a student loan payment
- How missed payments can derail your goals
- Getting back on track after missing student loan payments
Watch this video to learn about:
- Possible options to lower or postpone loan payments
- Qualifying for a plan that can lower or postpone payments
- Creating a plan to make your monthly payments affordable
Watch this video to learn about:
- The consequences of defaulting on a student loan
- Common mistakes to avoid while getting back on track
Resources
海角社区 Loan Worksheet (document)
Out-of-School Budget Worksheet (document)
Public Service Loan Forgiveness (PSLF) (document)
Direct Consolidation Loan Program Fact Sheet (document)