Repay your Direct Loan / Federal Stafford Loan Here are a few details about repaying Direct Loans and Federal Stafford Loans: After you stop attending school at least half time, withdraw, or graduate, a 6-month grace period begins. You receive only one grace period per loan. Repayment begins after the grace period ends, with your first payment usually due 45-60 days … [Read more...] about Loan Repayment
The MDHE has published a pamphlet explaining options for defaulted borrowers and what a person can do now to get on a better financial path. Check out an online version at the MDHE website: http://www.dhe.mo.gov/files/GNFDB_Layout.pdf … [Read more...] about Help for Defaulted Borrowers
The new Manage Repayment Tool in Account Access allows you to make changes to your current student loan repayment plan as well as assisting you in finding the best repayment plan for you lifestyle. Visit the FedLoan Servicing website to get started: http://www.myfedloan.org/repayment/advisor/index.php?ref=hpp … [Read more...] about Manage Repayment Tool
Defaulting on your student loans is serious, but can be avoided! To learn more about what it means to "default" on your loans and how to resolve it, visit the MDHE webiste: http://mdhe.mo.gov/ppc/studentloans/optionsdefaulted.php … [Read more...] about Default Can Be Avoided!