Loan Repayment

When you graduate or your enrollment status is less than half-time, if you have taken out any student loans, you are required to have an Exit Counseling session with The University Bursar (UB) at S-113 Criser. Exit Counseling is conducted through StudentLoans.gov.

Educational loans awarded by UF (Federal Perkins Loans and UF Institutional Loans, such as SAFE Loans) may be repaid in equal or graduated installments. The minimum monthly repayment for Federal Perkins Loans is $40. The university may require a minimum repayment for institutional loans of $30 a month.

Federal Direct Loan Repayment Options

A number of repayment plans are available under the Direct Loan Program. For up-to-date repayment option information, visit the Federal Student Aid site.

  • Standard repayment plan
  • Graduated repayment plan
  • Extended repayment plan
  • Income Contingent Repayment (ICR) Plan
  • Income Based Repayment (IBR)
  • Pay As You Earn Plan
  • Income Sensitive Repayment

Estimate standard monthly payments using SFA’s Loan Repayment Calculator.