Student Loan Repayment

Time to start paying back your student loans? Make an informed decision with these tips below.

1. Know your loan servicer.
Your loan servicer will provide answers to any questions about your federal student loans, provide tips and resources, help you choose the appropriate repayment plan, and explain your options when you are having trouble making payments. Want to know more details about the role of a servicer?

Get Ready for Repayment

2. Know your status. 
Student loan borrowers go through three stages: In School, In Grace, In Repayment.

  • In School: When you're enrolled in school at least half-time (for University of Dayton, this is 6 credit hours for undergraduate students and 3 credit hours for graduate students)
  • In Grace: The six-months after you graduate, withdraw, or drop below half-time status
  • In Repayment: When you're required to make payments on your student loans

3. Know your options.
We created this Loan Repayment Plan Comparison chart to help you find the best repayment option for you and your budget. The federal government has also created a tool geared to help students find the best repayment option in 5 steps or less, which can be found at Your loan servicer will also be a great resource when selecting a plan.

Still have questions? Check out these videos!