You can manage your student loan debt. We can help.

The average graduate has $28,100 in student loan debt that will cost $39,242 between now and 2033. Click through the repayment options to see how they will affect your monthly payment and total loan cost. Remember you can: (1) Upload your actual data from NSLDS or manually enter your actual loan amounts, (2) view all eligible repayment options (3) apply for changes to your repayment options with your servicer and (4) sign up for our rewards program, SmarterBucks, to earn rewards that are contributed as extra payments toward your student loan debt.

Postpone my repayment eligibility

There are different reasons that could qualify you for deferment or forbearance. To learn more about eligibility and an explanation for each reason, look it up here in the resource center. When you postpone or defer payment, interest may continue to accrue on the loan, and this calculator will help to estimate that impact and show postponing a payment vs. other repayment changes. Use the drop down to select a reason; then click the Calculate button. Remember, contacting the servicer is required to make these types of changes.


  1. years
  2. It may be possible to postpone your repayment for a few months instead of years. In general, you should postpone your repayments for the shortest time possible.

Summary Monthly payment Payment difference Pay-off year Total cost Cost difference
Standard repayment $322 2033 $39,242
Consolidate your federal loans $218 $103 less 2038 $51,711 $12,469 more
Graduated repayment $225 $96 less 2033 $41,408 $2,166 more
Extended repayment Extended repayment is only available for borrowers with more than $30,000 in federal loans.
Income-based repayment Income-based repayment is different for everyone: Get your estimate
Postponed repayment See if you're eligible: Get started
Make an extra payment ($20/month)SmarterBucks® can help you make extra payments. Learn more. $342 $20 more 2028 $38,559 $683 less

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