Your student loan journey: Take charge of your repayment plan.
Feeling a little nervous about student loan repayment plans starting up on October 1? Student loan repayments don’t have to be daunting; they can be an opportunity for empowerment and financial growth. Stay on track by using this checklist.
Student loan repayment checklist:
- Know your loan details: Be aware of your loan specifics – types, amounts and interest rates.
- Know your monthly budget: Calculate a monthly budget that covers loans and life expenses.
- Choose a plan: Pick a repayment plan that suits your budget.
- Stay updated: Monitor your loan account for changes.
- Ask for help: Contact your loan servicer when you need guidance.
- Celebrate wins: Pat yourself on the back for milestones achieved!