When and how do I need to pay back my loans?

After you graduate, leave school, or are no longer enrolled at least half-time, you will have a six-month grace period before you are required to begin repayment.

During this period, you'll receive repayment information from your loan provider, and you'll be notified of your first payment due date. Payments are usually due monthly. Learn more about repaying your loan.

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.

Find out what may happen if you default, what steps you can take to keep your loan from going into default and what your options are for getting out of default by visiting Student Aid.