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 http://www.fa.ufl.edu/bursar/alumni-former-students/exit-counseling/ Exit Counseling session with http://www.fa.ufl.edu/bursar/ The University Bursar (UB) at S-113 Criser. Exit Counseling is conducted through https://studentaid.govStudentaid.gov.
Educational loans awarded by UF (http://www.sfa.ufl.edu/types-of-aid/loans/federal-perkins-loan/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 https://studentaid.gov/manage-loans/repayment/plansFederal 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 http://www.sfa.ufl.edu/types-of-aid/loans/loan-repayment-calculator/Loan Repayment Calculator.
