What are the repayment options?

Five different plans to repay your consolidated loans exist to include Standard, Income Contingent*, Income-based*, Extended* and Graduated Repayment Plans.

*Income contingent, Income-based, and Extended repayment plans, while lowering your monthly payment, can increase the overall finance charges incurred over the life of the loan.

For more information on repayment plans go to http://www.direct.ed.gov/RepayCalc/dlindex2.html.