Loan Repayment
Repaying Federal Student Loans
This includes Federal Direct Subsidized Loans, Federal Direct Unsubsidized Loans, Federal Direct Parent PLUS Loans, the FFEL Subsidized Stafford Loan, the FFEL Unsubsidized Stafford Loan, Federal PLUS Loans and Federal Consolidation Loans.
If you borrowed student loans, you are obligated to repay the debt. It is important to repay the debt to avoid any negative consequences, such as being placed in collections, having your wages or other payments garnished, or seeing your credit score decline. Unless your loans are in a deferment or forbearance status, you are obligated to make payments.
Review repayment options on StudentAid.gov: You may have some options available to you when it comes to repaying your student loan debt. Plans are available that will allow you to repay your debt based on your income. Use the StudentAid.gov Loan Simulator to find the best repayment strategy.
Review or Update Your Contact Information: Log into your account at StudentAid.gov to make sure that your contact information is accurate and to determine the status of your student loans. Your account will also have the name and contact information of your student loan servicer. Contact your servicer if you have any questions or need to switch repayment plans.
More information about updating your contact information at Kent State can be found at the link below.Updating your contact information
Loan Repayment Options
View the Federal Student Loan repayment options.
Be Cautious and Avoid Scams
With student loan repayment resuming, a new wave of scams has already begun trying to gain access to personal and financial information. The Federal Trade Commission (FTC) and U.S. Department of Education (ED) remind borrowers to be on alert. Report any suspicious activity to the FTC.
- Watch this video is from the U.S. Department of Education on avoiding scams.
- Never give out passwords, if you aren’t sure about who is calling you, hang up and go to studentaid.gov or 1-800-433-3243
- You will never be charged a fee to enroll in different repayment plans
Public Service Loan Forgiveness
If you are employed by a U.S. federal, state, local, or tribal government or not-for-profit organization, you might be eligible for the Public Service Loan Forgiveness Program (PSLF). The PSLF Program forgives the remaining balance on your Direct Loans after you have made 120 qualifying monthly payments under a qualifying repayment plan while working full-time for a qualifying employer.
Click Here for PSLF Information
Information Websites
- U.S. Department of Education (ED) Press Release – Key information on Federal Student Loans collections and Helping borrowers get back into repayment
- Get Out of Default
Get Updates
Sign up for Updates from ED – Provide your email to sign up for Federal Student Loan Borrower Updates as well as other ED programs.
Monitor information at studentaid.gov to ensure you understand repayment restart and important timelines related to the process.
Federal Student Aid Website: studentaid.gov
Federal Student Aid Information Center: 1-800-4FED-AID (1-800-433-3243)
Please work with the Department or your federal loan servicer to understand loan repayment, debt relief processes, and your role in applying for or receiving student debt relief.