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Tuesday, April 28, 2009

Manage your loans

Getting started

For many student loan borrowers, an education loan is their first borrowing experience. And for most students, repayment will not begin until after graduation.

You can ensure that your borrowing experience is a positive one by managing your loans proactively. Careful management can save money and provide a good credit history which will making getting that next loan—for a car or house—that much easier. The tips in the following sections will help you start planning.

Students about to graduate

From building a better budget to knowing when your grace period ends, you'll find helpful information about managing your loans.

Online Entrance Counseling

The Online Entrance Counseling Quiz tests your knowledge about student loans and may fulfill the entrance-counseling requirement at your school. If you have been instructed to take the quiz by your school, you may need an ID number or PIN, supplied by your school, to submit your results electronically. Please check with your financial aid office for any questions you may have concerning your school's participation in our quiz. Note to financial aid administrators: if you would like to use the entrance quiz, please contact your HigherEd Rep.

In repayment

You have several options to help you manage your loans better. Learn about different repayment strategies.

Using Manage Your Loans SM is easy

Manage Your Loans is a useful resource within SallieMae.com. This online tool enables you to review your account, keep your personal information current, make payments and so much more. Get more information on your account—log in to Manage Your Loans today!
For more information visit http://www.salliemae.com

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