Student Loan Repayment Support
Federal student loan repayments restarted in October 2023. Are you feeling overwhelmed or unsure about how to manage the repayment process? We can help!
To Do Now
There are a few things that you need to do right away to make sure that you're getting those loan payments started on time.
1Log into your student loan accountYour loan servicer may have changed. Go to studentaid.gov to find out how to access your student loan information ASAP.
2Confirm what you oweIt’s been a while since you’ve made payments, so now is a good time to refresh your memory on your outstanding balance.
3Choose your own repayment planThere is no cost to change repayment plans. Explore your student loan repayment options and choose the one that will fit best for you.
After you've taken care of the basics, it's time to review your financial situation and make a plan for the future.
Research your options.
Look into more favorable interest rates by refinancing or consolidating your existing loans. Plus, having only one payment helps you stay on track and avoid missed payments and late fees.Loan Options
Evaluate your budget.
Now that you're paying on your student loans again, look at your budget and adjust where necessary to make room for these new payments. UWCU can help with credit consultations to plan for your future.Credit Consultations
The Biden-Harris Administration continues to pursue different options for debt forgiveness, so be alert to any changes as they happen. The U.S. Department of Education’s website is a great place to check in.Federal Aid Info
Federal Aid Info
- Prepare for Student Loan Payments to Restart
- Repayment Plan Options
- Demystifying SAVE: A Plan for Student Loan Relief
Budgeting and Repayment Resources
Should I Refinance My Student Loans?
See if this option might save you money.
Frequently Asked Questions
Get in Touch
Our Educational Lending Specialists take the time to explain your financial picture and help you determine the right option for your situation, even advising you when it’s better not to refinance.