After you graduate, leave school, or drop below half-time enrollment, you have a period of time before you begin repayment of your student loans, known as a "grace period." You may find information on your loan's grace period in the terms and conditions portion of your signed promissory note.
Resources that are available to help you regarding repaying student loans:
This guide will give you tips on finding the right repayment plan for you, learning how to make payments, getting help if you can’t afford your payments, and learning how a loan debt may be forgiven, canceled, or discharged.
This list of resources offers links to a wide variety of specific topics you may be looking for.
Visit the National Student Loan Data System for help. To use this system, you will need to create an account that will allow you to: electronically sign Federal Student Aid documents, access your personal records, and make binding legal obligations.
If you’ve completed the steps to resolve your loan dispute and you still are not satisfied, contact the Federal Student Aid (FSA) Ombudsman Group. The FSA Ombudsman works with student loan borrowers to informally resolve loan disputes and problems. You can request help online or call 1-877-557-2575. Before contacting the FSA Ombudsman Group, make sure to have this information available.
You may retrieve your loan information from the National Student Loan Data System (NSLDS). This system contains financial aid information collected from schools, agencies, and other educational institutions. You will need your account information to access your account.
If you have been unable to resolve a dispute with your student loan lender, the Federal Student Aid Ombudsman may help you figure out how to resolve a student loan dispute.
Canceling/Discharging a Loan
Under certain circumstances, a school or financial institution will agree to cancel or discharge a loan. Continue making payments on your loan until you hear whether your discharge went through, or you qualify for forbearance, or a delay in payment, while your discharge processes.