Don’t wait! The best way to make sure your road to repayment is smooth and as inexpensive as possible is to start planning for it early. Take a look at your complete financial picture to determine what money you may have available for repayment. Depending on your situation, you may choose to accelerate your student loan payments to pay them off sooner, or lengthen the term and concentrate on paying off higher interest debts first. Private loan repayment options may vary from federal so you will want to review each individually.
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If you’ve taken several student loans, you may want to consider consolidating them. This can help you lump your loans into one convenient payment, and possibly lower your monthly amount due.
Go to the Federal Student Loans website to see all federal repayment options or consolidation options available.
Federal student loans must be consolidated through the Federal government's program.
There are some private student loan consolidation options available to help with private loan repayment. Here’s a great resource for information on private loan consolidation.
Wright-Patt Credit Union also offers a consolidation option to graduates of Wright State University and several other schools. Click here to learn more.
Use Your Resources
You can find details about loans serviced through the Wright State University Bursar’s Office.
Be sure to log in to GradReady for more details. Here you can find informative videos and more on managing your repayment!