How long do I have to repay my loans?

In Kansas, it depends on the type of loan you have and the repayment plan you choose. Your loan servicer will provide you with details about the length of your repayment plan, as well as other specifics. For federal student loans, you can choose to make payments over 10, 15, 20, or 25 years, depending on when you first began receiving your loan and the type of loan you have. You can also switch your repayment plan to one that better suits your needs as time goes on. Additionally, you may qualify for a student loan forgiveness program, depending on your employment or academic status. Federal Public Service Loan Forgiveness, for example, may be an option if you work full-time for a government agency or non-profit organization. You must make 120 qualifying monthly payments on the loan and remain employed with the organizations for ten years in order to qualify for loan forgiveness. It is important to note that student loan debt does not generally go away through bankruptcy. If you experience financial difficulty and are unable to make your payments, contact your loan servicer to discuss your options.

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How long do I have to repay my loans?

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