Loan Repayment Options
When you borrow Federal Financial Aid, you are offered the option to choose how your repay your loan. Keep in mind, many lenders will automatically place you into a repayment plan so you'll need to contact your lender directly for assistance with changing plans. The following repayment options are available to you. Click on the links below for more information about each plan:
- Standard Repayment Plan
- Graduated Repayment Plan
- Extended Repayment Plan
- Revised Pay As You Earn Repayment Plan (REPAYE)
- Pay As You Earn Repayment Plan (PAYE)
- Income-Based Repayment Plan (IBR)
- Income-Contingent Repayment Plan (ICR)
- Income-Sensitive Repayment Plan
More information on each of these options and other loan repayment information can be found on the Federal Student Aid website.
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