Know What You Owe

Find Information

As long as your servicer has your current contact information, you will receive periodic updates detailing your outstanding balance, payment due dates, etc. Most servicers make your account information available online 24/7.

Determine how much you can afford to pay each month. If you've already been hired for your first job, you already know your starting salary. If you're still job-hunting, check with the placement office at your school about salary ranges in your chosen field.

It's a good rule of thumb to keep student loan payments at 8-10% of your monthly income or less. If your payment exceeds the recommended payment range for your annual income, explore a flexible student loan repayment option.

Keep Good Financial Records

Get organized and keep all your student loan documents together - before and after graduation.

Stay in Touch

Address change? New phone number? Newly married? Transferred to a different school? Your servicer needs to know. And it's your responsibility to keep your servicer in the loop.

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