As you prepare for life after school? We want to provide you with next steps, tips, and advice regarding your student loans.

First, review your records and student account. You’ll need to figure out whether you have federal student loans, private student loans, or both. The advice below is for your federal student loans. To discuss repayment options for your private student loans, contact your lender. Continue reading

A student’s award letter may include a Federal Subsidized Direct Loan and/or a Federal Unsubsidized Direct Loan.

Each Direct Loan may be subject to an origination fee and a Federal Default fee. Repayment commences six months after the borrower is not enrolled at least half-time. Only one grace period is allowed. At the time of disbursement, enrollment must be at least half-time (6 credits or more) for all loan awards. Students are encouraged to utilize all available Federal and State financial aid resources before turning to an outside lender for a private education loan. Continue reading