We talk with an Assistant Director of Student Financial Services to discuss what a student loan refund is, what the process is like for requesting one, how long the process takes, and how the refund is credited. …

Next steps include signing the MEFA Loan Agreement (MLA) and Self-Certification Form, having the college certify the loan, setting up an account with our servicer American Education Services (AES), returning excess funds, and making voluntary payments if you wish to do so. …

The differences between Subsidized and Unsubsidized Loans include the timing of when interest starts accruing, the eligibility for awarding based on financial need, and the maximum amount permitted.…

The tool provides students a monthly student loan payment and total loan cost based on a potential loan amount borrowed. Then, it assesses the ease of repayment based on a chosen career.…

You may see Subsidized or Unsubsidized Federal Direct Loans, a MA No Interest Loan, or a PLUS Loan.…

Tips include making a list of all federal loans borrowed, determining the monthly payment total. and setting a budget. …

Tips for borrowing student loans include not rushing, exploring options, choosing your loan carefully, and talking with your financial aid office. …

A student shares tips to pay off students loans fast, including living at home to save money, doubling your monthly payment, and returning any funds that aren't needed while in school. …

Options include the Graduated Repayment Plan, Extended Repayment Plan, Income-Contingent Repayment Plan (ICR), Income-Based Repayment Plan (IBR), Pay As You Earn Repayment Plan (PAYE), Revised Pay As You Earn Repayment Plan (REPAYE), and Income-Sensitive Repayment Plan. …

Learn what comes along with being a co-borrower, including the loan appearing on your credit report and receiving bills and statements. …