Postponing Loan Payments

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Repaying Student Loans

Postponing Payments

Having trouble making your student loan payments? You have options. You are responsible for repaying your student loans, even if you don't graduate or can't find work. If you can't meet your repayment obligations, you have a few choices.

Consider these possibilities if you are having trouble.
Depending on your situation and on your loans, you could:

Loan consolidation is a great way to reduce your monthly payments.

With consolidation, you refinance one or more education loans. The original loans are paid in full and a new loan for the combined balance is originated — for a new term and often with a low interest rate.

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