How to Repay Your Student Loans

How to Repay Your Student Loans

When should I start repaying my student loan?

When should I start repaying my student loan?

How long do I have to repay my student loan?

How long do I have to repay my student loan?

Do I have to pay the full amount due on my student loan each month?

Do I have to pay the full amount due on my student loan each month?

Can I pay my student loan back early without penalty?

Can I pay my student loan back early without penalty?

Do student loans affect my credit?

Do student loans affect my credit?

What is the difference between a deferment and forbearance for student loans?

What is the difference between a deferment and forbearance for student loans?

How do I find out what company holds my student loans?

How do I find out what company holds my student loans?

What are student loan borrower benefits?

What are student loan borrower benefits?

How do I know if I qualify for borrower benefits?

How do I know if I qualify for borrower benefits?

How to Repay Your Student Loans

How to Repay Your Student Loans

How do interest rates affect student loans?

How do interest rates affect student loans?

What is student loan forgiveness?

What is student loan forgiveness?

Can student loans be dismissed through bankruptcy?

Can student loans be dismissed through bankruptcy?

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Justin Draeger

Spokesperson, National Association of Student Financial Aid Administrators

www.nasfaa.org  

Justin Draeger is Assistant Director for Communications with the National Association of Student Financial Aid Administrators (NASFAA). Prior to joining NASFAA, Justin worked as the lead analyst for the Michigan Guaranty Agency. Justin began his career in student aid 10 years ago working as the financial aid administrator for the Douglas J Aveda Institute in East Lansing, Michigan. Justin earned a Bachelor’s of Science Degree in Resource Management from Brigham Young University and his MBA in Finance from Baker College. He has presented at several conferences in both the financial aid and business management fields and continues to publish nationally. Justin has been tapped for his expertise on student financing by CNBC, Fox Business News, The New York Times, Wall Street Journal, Boston Globe, Kiplinger, Business Week, National Public Radio, and more.

How to Repay Your Student Loans

Justin Draeger with the National Association of Student Financial Aid Administrators discusses options for successfully repaying student loans.

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Justin Draeger: Hi, my name is Justin Draeger, Assistant Director for Communications with the National Association of Student Financial Aid Administrators. Today I am going to be talking to you about successful student loan repayment and repayment options that you have as a borrower. First let me tell you a little bit about myself, I received my Bachelors of Science from Brigham Young University, my Masters in Business Administration from Baker College in Flint, Michigan. I have almost 10 years of experience in Federal Student Aid and Financial Aid first as a Financial Aid Administrator, then working for a student loan guarantor and now working for NASFAA.

We represent more than 10000 financial aid administrators and nearly 3000 colleges and universities across the country and trying to help students finance their education and get the resources they need to meet their post secondary educational goals.

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Is paying credit cards more important than installment loans or mortgages?

Is paying credit cards more important than installment loans or mortgages?

What is the difference between subsidized & unsubsidized direct or Stafford loans?

What is the difference between subsidized & unsubsidized direct or Stafford loans?

How do interest rates affect student loans?

How do interest rates affect student loans?

When should I consolidate my student loans?

When should I consolidate my student loans?

Are all student loans eligible for consolidation?

Are all student loans eligible for consolidation?

What happens if I do not pay back my student loans?

What happens if I do not pay back my student loans?

How will declaring bankruptcy affect my eligibility for future student loans?

How will declaring bankruptcy affect my eligibility for future student loans?

After I have submitted my consolidation application do I continue to pay my current loans?

After I have submitted my consolidation application do I continue to pay my current loans?

Can student loans be dismissed through bankruptcy?

Can student loans be dismissed through bankruptcy?

What do I need to do to complete applying for federal direct or Stafford loans?

What do I need to do to complete applying for federal direct or Stafford loans?