To help you manage your student loan debt, there are several federal loan programs you can choose from. The Federal Student Aid Office, a division of the U.S. Department of Education is your source for all loan repayment information. The U.S. Department of Education's National Student Loan Data System (NSLDS) provides information on your federal loans including loan types, disbursed amounts, outstanding principal and interest, and the total amount of all your loans. To access NSLDS, go to www.nslds.ed.gov.
The College Cost Reduction and Access Act of 2007 (CCRAA) created two new loan repayment programs: Public Service Loan Forgiveness and Income Based Repayment. and in 2012 the Pay as You Earn Program was created. The Office of Financial Aid has summarized the details of these programs for you below, as well as information on Loan Consolidation. Also, Chicago-Kent offers an institutional loan repayment program for alumni employed in public interest law, see the below link for more information.
- Pay as You Earn
- Public Service Loan Forgiveness
- Public Service Job Directory
- Income Based Repayment
- Federal Loan Consolidation
- Loan Repayment Assistance Program (Chicago-Kent LRAP)