For Direct Subsidized and Direct Unsubsidized loans, repayment generally starts after a 6-month grace period that begins the day after you graduate, leave school, or drop below half-time status. Unless otherwise notified by your servicer, your first monthly payment will be due after your grace period ends. For PLUS loans, repayment begins once the loan has fully disbursed, but students and parents may be eligible for an in-school deferment; contact the loan servicer for more information.
You will be making your loan payments to your federal loan servicer, the company that handles the billing and other services on your federal student loan. You can find out who your servicer is and locate their contact information by logging into the Federal Student Aid website at studentaid.gov.
If you have trouble repaying your loans, you should contact your servicer as soon as possible. They can work with you to find the best option for your situation, including changing your repayment plan or requesting a deferment or forbearance. Deferment and forbearance may allow you to temporarily stop making or reduce your loan payments.
The following resources are good sources for information on repaying your federal student loans:
The grace period for Perkins loans is 9 months and the first payment will be due at the end of the grace period. Before you graduate, withdraw, or drop below half-time, you must arrange for an exit interview by calling 972-883-2296 or by contacting the loan servicer, Campus Partners, at 1-800-334-8609. If you have questions about repaying your Perkins loan or are having trouble making payments, you should contact Campus Partners at 1-800-334-8609.