What to Expect While in Your Grace Period
A grace period is the time in between graduation (or a drop below half-time enrollment) and the time your first payment is due. This six-month period of time allows you to adjust to life after college and find employment. You are not required to make payments during this time, but if you can afford it, making even small payments can save you interest and lower the total cost of your loans.
After you leave school, it’s important to understand how your student loan payment can affect your finances so choosing the repayment plan that works best for you should be a top priority. You will have the option to explore repayment plans and choose the plan that best suits your needs when you complete loan exit counseling, but feel free to contact us at 855-337-6884 and one of our friendly customer service representatives will help you find the right plan.
Create Your Online Account
You may view your loan information and make payments online through Manage My Account (MMA). You must first register as a new user and log in to your online account to access your information.
After selecting a repayment plan, you will be able to view your repayment schedule in Manage My Account. This document will provide important details about repayment including your due date, monthly payment amount, amount of interest to be repaid, etc.
In addition to viewing your repayment schedule, your online account will allow you to make a payment, view your loan details, update your demographics, explore repayment options, and much more.
Sign up for eStatements
You can "Sign up for eStatements" in Manage My Account. Once you read and agree to the Terms and Conditions, you will begin receiving your correspondence electronically! We will send courtesy emails to the email address on file for your account to alert you when there are new statements and other important correspondence regarding your account.
Enroll in Text Services
Enroll to receive text alerts to help you manage your student loan account with notifications about repayment, billing statements, upcoming due dates, status updates, and more.
Sign up for Text Alerts Now