Student loan repayment usually starts after you graduate. If you leave school — or suspend your studies beyond the grace period — you will be required to start repaying your student loan.

Sallie Mae has a variety of payment plans. You can pick the one that's best for you and change it if needed. They include:

• standard repayment
• extended repayment
• graduated repayment
• income-sensitive repayment

If you do not choose a payment plan, you will be signed up for the standard repayment option.

Using Manage Your Loans in repayment

Manage Your Loans^SM lets you review your account, keep your personal information current, make payments, and so much more. Get more information on your account by logging in today.

Estimate your payments if you are not in repayment

Estimate your monthly loan payments with Sallie Mae's loan repayment calculator.

Make payments on the interest when you can

Once you take out a loan, interest starts to accrue.

To reduce your costs, make payments on the interest. Most lenders allow monthly, quarterly, or annual interest-only payment while you are in school. Some private loan programs require interest-only payments while you are in school.

Choosing a plan with lower payments may result in higher costs over the life of the loan.

Use Manage Your Loans to monitor your accrued interest and submit payments at any time without penalty.