Trouble Making Payments
If you can't afford your student loan payments, don't wait until you fall behind to seek assistance. We offer options that can help.
| If you… | Then… |
|---|---|
| Have problems making payments when they're due | Change your due date. This can ensure you have money in the bank when it's time to pay your bill. |
| Can make smaller monthly payments | Reduce your payments by changing payment plans. This can help reduce your monthly payments or allow you to make interest-only payments. |
| Can't make any payments | Postpone payments with a deferment or forbearance. Postponing your monthly payments may be the right choice to prevent your loan from entering default. |
| Have multiple payments to multiple lenders each month | Consolidate your federal loans. Make one payment to one lender. |
| Missed payments | Take action today to prevent loan default. Find ways to keep your loan from entering default and to protect your ability to obtain credit in the future. |
| Currently have loan(s) in default | Learn about default. Find out what options are available. |
| Filed or are considering filing for bankruptcy | Learn more about bankruptcy. Find out what your next steps are. |
Online Tools
Additional Resources for your Federal Loans
