Sallie Mae has a variety of payment options on federal student loans. You can pick the one that's best for you. The federal student loan repayment options are:

• standard repayment
• extended repayment
• graduated repayment
• income-sensitive repayment
• income-based repayment

If you do not choose a payment plan for your federal Stafford and PLUS loans, you will be signed up for the standard repayment option, and it will apply unless you request a change.

Eligibility for Sallie Mae private student loan repayment plans may vary by loan type, loan balance, and disbursement date.

Most Sallie Mae private student loans first disbursed June 1, 2009, and later require monthly interest-only payments during the in-school and separation periods. Check the terms of your loan's Promissory Note and log in to Manage Your Loans to see if your loan status shows repayment. If so, and you are enrolled in school, then you are not eligible for other repayment options at this time.

Sallie Mae private student loans first disbursed before June 1, 2009, may be eligible for graduated repayment to lower the initial monthly loan payments.

Using Manage Your Loans in repayment

Manage Your Loans lets you review your account, keep your personal information current, make payments, and so much more. Get more information on your account by logging in today.

Estimate your payments if you are not in repayment

Estimate your monthly loan payments for eligible Sallie Mae loans with our loan repayment calculator.

Make payments on the interest when you can

Once you take out a loan, interest starts to accrue.

To reduce your costs, make payments on the interest, even if it isn't required. Some Sallie Mae private student loan programs require monthly interest-only payments while you are in school.

Choosing a plan with lower payments may result in higher costs over the life of the loan.

Use Manage Your Loans to monitor your accrued interest and submit payments at any time without penalty.