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Financial Aid: Are you getting phone calls about repaying student loans?

Department / Organization: Financial Aid

Our office has learned about some predatory practices surrounding student loans. If, at any time, you have questions about your loans or your repayment status, please let us know! We are here to help!

Students who are enrolled at least half time (6 credits for undergraduates, 4.5 or reduced registration for graduates) and have federal loans should not have to make payments on your loans. Federal loan lenders generally will not contact you by phone unless you are significantly behind in your repayment. Since you should not be in repayment, it is doubtful they would be contacting you.
Students who are graduating in May and have loans will have the opportunity to attend an exit counseling session in April to learn about repayment options. To see who you will be paying for those loans after graduation, you can login to www.NSLDS.ed.gov using your FAFSA login information.
Please contact Financial Aid anytime (even after graduation!) if you have questions about what you receive or are unsure about who is contacting you. We are here to help in any way we can.

For more information, send email to: finaid@mines.edu

Published in Digest Date: Friday, March 10, 2017