Student loans have multiple repayment plans. If you receive student funding in multiple countries, you can get a student loan based on different repayment plans. If this is the case, you should read all the information about the relevant repayment plan.You should ask yourself these questions below:
1.What repayment plan are you on?
2.How and when you repay?
3.How repayments are calculated?
4.What is the innterest rates?
Take the steps below:
Step 1. Decide When to begin your repayment
Many of our loans provide a grace period – a period of time when you are not required to make student loan payments. It starts when you graduate, leave school, or drop your attendance below half time. Check the duration of your grace period for an indication of when you will have to begin repayment. For specific dates, check your loan paperwork.
Step 2. Set Up Your Online Account
The first thing you should do to gain access to important information about your loan is to set up an online account with us. From your account, you will be able to view your loan type, balance, payment amount, payment date, interest rate, and many other details. You can go paperless by viewing your statement and making payments online.