1. You’ve Graduated – Now what?

2. Are You...  Going to grad school  Starting a career  Taking time off (NO!!)  Unsure You Must...  Consult loan paperwork  Contact your lender(s) Provide updated address/phone #/email  Know your options

3. Federal Stafford Loans Loans deferred Must be enrolled at least half-time Interest will accrue on unsubsidized loans Wabash College Loan Loans deferred Interest will accrue Contact Wabash w/proof of enrollment Private Loans Contact your lender/s for options

4. Federal Stafford Loan  6 month grace period  Identify Loan Servicer  Get loan information www.nslds.ed.gov  Repayment Options Standard Extended Graduated Income Based  Loan Consolidation Complete shortly before repayment is to begin Private Loans Contact lender/s for consolidation/repmt options

5. Pay fixed amount per month 10 year term Repaid in shortest time STANDARD REPAYMENT

6. Graduated monthly payment amount Up to 25 year term Must have >$30k in outstanding FFEL or DL EXTENDED REPAYMENT

7. Payments start low and increase every 2 yrs Up to 10 year term GRADUATED REPAYMENT

8. Available for federal loans Through Direct Loan Check with lender for private loan options Apply online, by phone, or paper application www.nslds.ed.gov www.nslds.ed.gov http://loanconsolidation.ed.gov http://loanconsolidation.ed.gov

9. Loan Forgiveness

10. Contact your loan servicer immediately Deferment Reenrollment in school Unemployment Economic Hardship Forbearance Financial Difficulty If not eligible for deferment Switch repayment plan Postponing Repayment

11. Important Web Addresses www.dl.ed.gov studentaid.ed.gov www.salliemae.com www.finaid.org (loan forgiveness information)