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Graduation Requirements for Loan Borrowers

Complete the Federal Stafford Loan Exit counseling

 

Review and verify the total amount of your Federal Loans at the National Student Loan Data System

 

Once you graduate:
  • Update your lender with any changes to your name, address or other contact information



  • Loan Repayment usually begins six months after you graduate

    . Contact your lender to establish a repayment plan

  • You may be eligible for loan deferment if:

    • You are continuing your education and will be enrolled at least half time

    • If you are unable to find employment and/or are facing other economic hardships, you may be eligible for forbearance (a temporary cessation of payments).

 

Your lender may sell your loans to a student loan servicer so keep in touch with your Federal Student Loan lender or Loan Servicer.