Understanding Default NEVER ignore delinquency or default notices from your loan servicer. If you don’t make your monthly loan payments, you will become delinquent on your student loan and risk going into default. Contact your servicer immediately if you are having trouble making payments or won't be able to pay on time. Learn about federal student loan default: Find out what … [Read more...] about Default
Calculators +Calculators Planning & Budgeting Calculator Income-Based Repayment Calculator Income-Contingent Repayment Plan Calculator Cost of Deferment/Forbearance Calculator Use our calculators to plan your household budget, determine your monthly payment amount, and explore deferment and forbearance options to postpone your payments. Planning and Budgeting How much … [Read more...] about Calculators
The Different Types of Student Loans To find out about federal student loans, visit Federal Student Loans 101. This page gives an overview of topics like who can get federal student loans, the different types of student loans, loan interest rates, how to apply, and information about various loan servicers (including Nelnet). To view an in-depth comparison chart of different … [Read more...] about Loans
The Path to Repayment As you leave school, understanding how your student loans will impact your finances can help you successfully manage your loans. This timeline teaches you about what happens during your grace period and the steps to take along the path to repayment. Start the repayment path 7 Months Great Lakes is your federal student loan servicer. That means … [Read more...] about Repayment
Save Time, Gain Convenience We designed the Great Lakes Mobile app to give you another way to manage your student loans. Make Payments and More Make or schedule student loan payments of any amount you choose Use an existing payment account or create and store a new one Sign up for account access—no need to visit our website to get started Take advantage of the app's clean … [Read more...] about Repayment