:: Repaying Your Loans ::

Repaying your student loan is an important responsibility. To help you manage repayment, we offer numerous resources and helpful information about your rights and responsibilities as a borrower and the repayment options that are available to you.

Take charge of your student loan. Know what you owe by checking out the National Student Loan Data System (NSLDS)(external link)  and then visit our OKMM website(external link)  to learn about managing your personal finances!


Special Loan Consolidation Program

Recently, the White House and the U.S. Department of Education (ED) announced a Special Direct Loan Consolidation Program to assist borrowers with establishing one payment to one lender at a discounted interest rate. Learn more about the Special Loan Consolidation Program by visiting a Q&A page (external link)  developed by the National Council of Higher Education Loan Programs, or through ED's Special Direct Consolidation Loans Web page. (external link)  Don't qualify? Visit our loan consolidation Web page to determine if you could be eligible for another consolidation program.


Ask the Expert: Income-Based Repayment

The Income-Based Repayment plan (IBR), introduced in the College Cost Reduction and Access Act of 2007, was designed to provide relief for borrowers struggling to meet their student loan repayment and other financial obligations. To be eligible for this plan, borrowers must demonstrate that their student loan debt is high in relation to their income and family size. Read more about IBR.




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:: Helpful Info ::


NSLDS Student Loan Information         Oklahoma College Savings         Loan Repayment F.A.Q.