Student loan repayment options offer borrowers some flexibility in repaying education debt. With Education loans, you have multiple repayment paths to choose from. The right and best way for you to pay depends largely on the repayment capability of your co-borrower in your loan. How much your co-borrower can payback, while you are studying or whether you want to start repayment after graduation or masters. This guide explores everything you need to know when creating your student loan repayment plan.

• Immediate repayment: Principal and interest payments begin as soon as your loan is disbursed.
• Interest-only payments: You make interest-only payments while in school, then begin making principal and interest payments once you graduate or drop below half-time enrollment.
• Fixed payments: You pay a low fixed amount while in school, then begin making regular payments once you leave school or drop below half-time enrollment status.
• Full deferment: You pay nothing while enrolled in school and begin making interest and principal payments within a set time frame after you leave school.