Strategy for paying off your Loan!

  • Be intentional about paying it off.
    • Take charge of repaying the loan yourself.
  • Make a budget for yourself and stick to it.
    • Use a monthly budget form.
    • Include your educational loan payments (see our loan payment calculator).
  • Errors can be made. Be sure to verify the accuracy of your student loan summary.
    • Sometimes incorrect amounts are added to your loan summary by the loan servicer; you have to ask to have them removed.
    • Make sure your loan payments are being applied to your account.
  • Always be on time with your loan payments.
    • This may qualify you for interest rate reductions that will save you big money.