Loan repayment
Borrowing to fund your education is an investment in your future. However, this is an investment that must be repaid. Repaying your student loans establishes your financial independence and credit history. It is very important that you manage your loan payments carefully—failing to repay as agreed can have serious consequences to your financial well-being.
The loan types and contacts below, as well as income and credit resources, are given here to support your repayement efforts. Your payments will be handled differently, depending on the loan program from which you received your funds.
Federal Direct subsidized, unsubsidized, parent and graduate/professional PLUS loans
Student Educational Loan Fund (SELF)
Firstmark
Services
Phone 888-538-7378
Federal Perkins Loan, University Trust Fund Loan (UTFL), Health Professions Student Loan (HPSL) and Nursing Student Loan (NSL)
University-administered loan repayment
Contact Student Financial Collections
University of Minnesota
Phone 612-625-8007
Private alternative loans
Refer back to your promissory note(s) and the lender from whom you obtained this loan.
Loan type, lender, and servicer search
Federal loans
Search via credit reports
To search all possible loans, access your credit bureau report from one of these agencies
Free annual credit bureau report from all national credit bureausTax benefits for borrowers
Student loan interest deduction/Tax Payer Relief Act 1997 InformationInternal Revenue Service (IRS)
Failure to repay