Students must be enrolled at least half-time to be eligible for federal loan programs.
Borrow loan funds wisely. There is no penalty for repaying your loans early. If you have borrowed more money than you need for a semester, you can return the funds.
Be aware of the allotted grace period for each of your loans. If you enroll less than half-time, you will enter your grace period. If you do not re-enroll at least half-time before your grace period ends, you will be in repayment.
Pay off any accrued interest to avoid interest capitalization at repayment.
Avoid defaulting on your student loans. If you are having difficulty making monthly payments, contact your loan servicer for help and information.