You begin repaying Federal Direct Stafford loans six months after graduation, leaving school, or dropping below half-time enrollment. You must complete federally required Exit Counseling before you graduate from SCF, if you drop below half-time attendance, or withdraw from classes completely.
The Department of Education offers Loan Repayment Plans and Calculators.
When your loan is due, the federal loan servicer will mail you a payment schedule with your monthly payment of principal and interest, and the unpaid balance for each month it takes to repay your total debt. If they do not contact you, you are responsible for contacting them at:
Direct Loan Servicing Online
U.S. Department of Education
Borrower Services Department
Direct Loan Servicing Center
PO Box 4609
Utica, NY 13504-4609
National Student Loan Data System (NSLDS)
With your PIN, you can access NSLDS, a database that contains your financial aid history from any school. This includes grants, federal Stafford and PLUS loans, whether borrowed directly from the Federal government or a private lender. Private loans are not listed on NSLDS.