Repayment

Educational loans will need to be repaid once a student graduates or is no longer enrolled at least half-time.

Grace Period Information

Loans offer borrowers a grace period before repayment begins:

  • Federal Direct Subsidized and Unsubsidized Stafford Loans provide the borrower with a six month grace period after the student graduates or ceases to be enrolled half-time, before repayment begins.
  • Federal Perkins, Health Professional, and Disadvantage Student Loans provide a borrower with a nine month grace period after the student graduates or ceases to be enrolled half-time before repayment begins.
  • Federal Graduate and Professional PLUS Loans provide the borrower with a six month grace period after the student graduates or ceases to be enrolled half-time.
  • Federal Parent PLUS Loans begin repayment 60 days after the loan is fully disbursed unless the parent borrower selected a loan deferment. If a deferment was selected, the loan will begin repayment six months after the student graduates or ceases to be enrolled half-time.
  • Private/Alternative Loans may have various repayment start dates. Borrowers should contact their individual lenders for repayment start dates.

Repayment Information

Borrowers can find more information regarding loan repayment through the Student Loan Education Office.

Borrowers can discuss their questions or concerns regarding their loan repayment with an adviser in the Student Loan Education Office.