Loans | Gov Student

Additional StudentAid.gov Website Features Starting April 2020

The Department of Education has modernized the borrower experience by centralizing several features on the StudentAid.gov dashboard:

Federal loans are generally considered more borrower-friendly than private options because they offer fixed interest rates and extensive consumer protections. gov student loans

: This educational feature helps borrowers track how much they currently owe and their progress toward aggregate loan limits.

: Authenticated users can view a comprehensive summary of all Title IV aid received, including individual grants and loans. Additional StudentAid

: This interactive tool allows you to simulate borrowing more money to see how it impacts your future payments, or compare various repayment plans to find one that fits your budget.

: For those in public service, this tool auto-generates Public Service Loan Forgiveness (PSLF) forms to certify employment and track qualifying payments. Repayment & Forgiveness Options : This interactive tool allows you to simulate

: Unlike many private loans, federal loan interest rates are fixed for the life of the loan, meaning your rate won't increase even if market rates go up. Subsidized vs. Unsubsidized :