• American Education Services (AES) - a division of PHEAA • American Student Assistance • College Assist • Connecticut Student Loan Foundation • EDFUND / California Student Aid Commission • Education Assistance Corporation • ECMC • Finance Authority of Maine (FAME) • Florida Office of Student Financial Assistance (OSFA) • Georgia Student Finance Commission (GSFC) • Great Lakes Higher Education Guaranty Corporation • Illinois Student Assistance Commission (ISAC) • Iowa College Student Aid Commission (ICSAC) • Kentucky Higher Education Assistance Authority (KHEAA) • Louisiana Office of Student Financial Assistance (OSFA) • Michigan Higher Education Assistance Authority - Michigan Guaranty Agency • Missouri Department of Higher Education/Missouri DHE Student Loan Program • Montana Guaranteed Student Loan Program • National Student Loan Program (NSLP) • New Hampshire Higher Education Assistance Foundation (NHHEAF) • New Jersey Higher Education Student Assistance Authority (HESAA) • New Mexico Student Loan Guarantee Corporation (NMSLCG) • New York State Higher Education Services Corporation (HESC) • North Carolina State Education Assistance Authority (NCSEAA) • Northwest Education Loan Association (NELA) • Oklahoma Guaranteed Student Loan Program (OGSLP) • Rhode Island Higher Education Assistance Authority (RIHEAA) • South Carolina Student Loan Corporation (SCSLC) • Student Loan Guarantee Foundation of Arkansas (SLGFA) • Student Loans of North Dakota (SLND) • Tennessee Student Assistance Corporation (TSAC) • TG • United Student Aid (USA) Funds, Inc. • Utah Higher Education Assistance Authority (UHEAA) • Vermont Student Assistance Corporation (VSAC) |
10. Consider student loans after you have researched all the sources of free financial aid (including scholarships, grants and work-study).
9. Consider all the loan programs available, and compare all your options before making a final decision. Only consider alternative/private loans as a last resort.
8. Plan an in-school and after-school budget before you take out your first student loan.
7. Determine how much you can afford to borrow and how much you can realistically repay.
6. Estimate your student loan payment so you will know how much you will be expected to repay each month.
5. Establish a good credit history by repaying your student loan on time.
4. Contact your loan holder about any changes in your status or anything that may affect your ability to pay your loan. These changes may include transferring to another school, changing your name or address, leaving school, or graduating.
3. Consider deferments or forbearance if you to need to adjust or suspend your payments temporarily. You also might be eligible to change repayment plans.
2. Look into a Federal Consolidation Loan if you want to consolidate several loans or types of loans into one loan.
And the number one tip for managing your student loan debt is . . .
If you have a question or issue, contact your loan holder. If you are not able to resolve the issue with the loan holder, contact your student loan ombudsman.
• Access Group • Arizona Federal Credit Union • Association of Texas Lenders for Education (ATLE) • Chase • Commerce Bank • Credit Union Student Choice • Edfinancial Services • IDAPP • Key Bank • Michigan Higher Education Student Loan Authority • MOHELA • Nelnet • New Mexico Educational Assistance Foundation (NMEAF) • NextStudent • Panhandle-Plains Higher Education Authority (PPHEA) • Regent • Regions Bank • Rhode Island Student Loan Authority • SallieMae • Southwest Student Services Corporation • Student Assistance Foundation of Montana • Student Funding Group, LLC (StuFund) • Student Loan Finance Corporation (SLFC) • Studentloans.com • SunTrust Bank • U.S. Bank • Vangent • Wachovia Education Finance • Wells Fargo • Western States Learning Corporation |
Mapping Your Future, Inc. | PO Box 5176, Round Rock, TX 78683-5176 | MappingYourFuture.org