Most student loans have the option to defer repayments until after graduation. This can be a tempting choice for a student on a tight budget, but making even small monthly payments during your time at college can make a difference because it helps offset the interest that accrues.

Here's how making payments while enrolled in college and during the grace period can reduce your monthly payments and the total loan cost of your loan.

Making In School Payments

More to Explore

What is an Award Letter - Financial Aid
Financial Aid

The Award Letter

Award letters are sent from the schools where you are accepted and details how much financial aid you will receive. Discover Student Loans explains what to expect.

Did You Know?

Interested in Private Student Loans?

Learn More