Student Loans
Know your loans
How much will you owe after graduation?
What types of loans do you have and how many?
- Federally backed or private- different options, terms, and assistance are available depending on the type
What are the terms?
- Interest rates
- Length of payback periods
- Restrictive or cost-inflicting rules
- When to start paying?
Identify your most valuable resources
If you are unsure of your loan information, visit the financial aid office (located in East Hall or www.hamline.edu/fa) for a summary and explanation of the details of you specific situation.
- You can also view your loans on Piperline (Financial aid services>loan application history)
- Login and learn to navigate websites of your student loan providers
- Ask alumni and other recent graduates about their experiences
- Money Revolution is here to help!
Create a proactive game plan before graduating
What will an affordable monthly payment be?
- Learn what other expenses to expect after college
Based on a given monthly payment:
- How long will it take to pay off your loans?
- How much will you be paying in total interest?
- Can you afford to pay extra in order to pay them off faster?