Repayment Plans

Once your loan becomes active, you will have two options to repay your loan: 

  • Make small payments of $20 each month while you're still in school
  • Defer your loan(s) until after graduation

Making monthly $20 payments helps to build healthy credit behavior and chip away at your loan balance over time. Making on-time payments may help you to build a positive financial profile. Please note that interest will continue to accrue even though you are not making payments. See your loan agreement for specific details regarding repayment.  


What to expect after the academic deferment period ends:

Academic deferment period ends typically six months after you leave school. You'll be making larger monthly payments to pay off your loan in a timely manner.

Those payments vary depending on the amount you borrowed, the length of time before the academic deferment period ends, and whether you have a fixed or variable interest rate. If your enrollment status changes to less than Half Time enrollment or it has been 60 months after the loan has been disbursed, you will also be required to begin making full monthly payments.


For additional information, please contact our loan servicer, ReliaMax Lending Services.

Call (877) 354-2629 Monday through Friday 7 AM to 4 PM EST 

or email



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