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College Students

Repaying Your Student Loan

Prepare to pay back your loans before you graduate.

If you borrow money to help pay for your education, you will have to pay it back — just like you would any loan. That's true even if you don't graduate, can't find a job, or don't think the education you received was good enough.

Think seriously about student loans ahead of time
Take steps before you borrow money that will help you avoid default later
Find out about repayment guidelines
Talk to a lender or to someone in TG's Financial Aid Assistance center about the terms of a loan

Planning for repayment can help you avoid problems later.

Keep in touch

If you borrow, keep in touch with your lender, especially if personal circumstances change. Lenders are often willing to work with borrowers to make repayment possible and easier. You may be eligible for consolidation programs or deferment/forbearance plans.

Contact your lender if you:

Leave school
Change schools
Change graduation dates
Graduate
Change your enrollment status from full-time to less than half time
Change deferment status
Change your name, address, or phone number
Have trouble making your loan payment.

Need more info?

If you have questions about repaying your student loan, ask the experts at (800) 845-6267, or send an e-mail message to cust.assist@tgslc.org.

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