Immediate Repayment: Make full principal and interest payments while you study.

• Start making principal and interest payments right away

• Making higher monthly payments while you are still in school saves you the most money overall

Interest Only: Make only interest payments while in school.

• Interest only payments reduce the long-term cost of your loan

• This is a good option if you can't make full payments while in school but still want to make life easier after you graduate by making smaller monthly payments now

Flat Payment: Make $25 payments each month during school to reduce your accrued interest.

• Steadily chip away at your loan's interest by making low, flat monthly payments while you study

• This is a great option if you can't quite afford full interest payments just yet, but still want to start making a dent in the overall cost of your loan right away

Fully Deferred (11): Wait to make payments until after you graduate and are earning money.

• Waiting until you graduate before you start making payments allows you to focus on your studies without worrying about loan payments

• Keep in mind interest will continue to accrue on your loan during this time, making this the most expensive option over all