student loan counseling

Get Help With Student Loans Before It’s Too Late

When applying for student loans, you were more likely focused on the end goal than on how to actually repay the loans. After all, at that point,

it seemed like you’d have plenty of time to figure things out. The reality is whether you finished in four or five years or are just taking a break, student loans stick around and can be financially stressful.

Not being ready to address repayment isn’t unusual. Employment opportunities may be different from what you expected or you may be experiencing unanticipated changes in your education or family situation. Situations like these can also complicate repayment plans.

The good news is that you have options. Those repayment options can adjust to your current financial situation, but this isn’t always apparent. There are several repayment plan options available if you have federal student loans. Repayment can be based on your income, if you don’t have income they can even be deferred for a specified period of time until you are able to find employment. The key is communicating with your student loan servicer.

It’s important to know where, when, and how to repay. If you are having trouble finding this information, know that as a nonprofit NFCC member agency, we are here to serve as your advocate.  The NFCC will work as an intermediary between you and your lenders to get you the fairest repayment plan possible, at the lowest rate and in an amount that is affordable for you.

There are many benefits to having us on  your side. We can help you become aware of available solutions, when repayment doesn’t seem feasible. Our certified student loan counselors will discuss and negotiate your situation with your loan providers so that you have payments you can manage. They will also provide you with a budget and a plan for repayment.

If you wait until it’s too late to get the help you need, the damage may be irreversible. Be sure to reach out as soon as you realize that repayment is going to be difficult. Counselors are available to help you get started today.

Who is the NFCC?

Founded in 1951, the National Foundation for Credit Counseling® (NFCC®) is the nation's first and largest nonprofit dedicated to improving people's financial well-being.

NFCC members help millions of consumers like you through community-based offices located in all 50 states and Puerto Rico. Each NFCC member agency has earned our seal by adhering to high standards and ethical practices designed to help you achieve financial stability.

Funding for operations and services comes from an ever-changing combination of federal, state and local government grants, as well as donations from financial industry participants and private donors.

For more on the NFCC, visit

Thank you to our funders.

The Sharpen Your Financial Focus program is an initiative of the National Foundation for Credit Counseling (NFCC) in partnership with a broad cross-section of supporters. Together, we are committed to increasing the financial well-being of Americans. This initiative is partially funded by Bank of America, Chase, Synchrony, Wells Fargo and other major financial institutions. We thank all funders and partners who make this program possible. For more information, visit

National Foundation for Credit Counseling
2000 M Street, NW
Suite 505
Washington, DC 20036

For NFCC Media Inquiries:
Bruce McClary
Vice President of Communications