Federal Student Loan Repayment Options
You have a choice of federal repayment options, depending on the loan program you are applying for, so you can choose the one that best meets your individual needs. We will also let borrowers make payments electronically (and perhaps save money) and reward customers for paying on time.
Consider Federal Student Consolidation
Consolidating your student loans can help to ease the repayment of the loan. Consolidation can stretch the repayment term from 10 years to a maximum of 30 years, making the monthly impact on your cash flow much lower. Click here to Consolidate your College Student Loans - A Federal Consolidation Loan Program Offer by the Student Loan Network. Student Loan Consolidation - Apply Online>>
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Student Loan Repayment Programs
Standard repayment
Principal and interest payments are due each month throughout the loan repayment term. Student Loan Consolidation - Apply Online>>
Graduated repayment
Payments are smaller at the beginning of repayment and step up at specified periods and in specified amounts over the term of the loan. Student Loan Consolidation - Apply Online>>
Income-based repayment
Monthly loan payments are based on a percentage of the borrower's monthly gross income. StaffordLoan.com offers an income-sensitive repayment plan. Student Loan Consolidation - Apply Online>>
Extended Repayment
Extended Repayment provides eligible Federal Stafford, Federal PLUS and Alternative loan/Federal Consolidation loan borrowers with payment relief through a lengthened repayment term of up to 25 years. Student Loan Consolidation - Apply Online>>
Serialization and consolidation
With serialization, the loan holder purchases your loans held by other institutions and services them in one account. You make one monthly payment but retain the original terms and interest rate. With our consolidation program, the borrower may refinance multiple loans. The original loans are paid in full and a new loan for the combined balance is originated, for a new term, often at a new interest rate. Student Loan Consolidation - Apply Online>>
Again, Consider Federal Student Consolidation
Consolidating your student loans can help to ease the repayment of the loan. Consolidation can stretch the repayment term from 10 years to a maximum of 30 years, making the monthly impact on your cash flow much lower. Click here to Consolidate your College Student Loans - A Federal Consolidation Loan Program Offer by the Student Loan Network
