Graduated from "student in debt" to "I got this!"

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Explore your student loan repayment options and what student loan monthly payment you can afford with calculators from the trusted resources below.

Consumer Financial Protection Bureau (CFPB) Know Your Options Tool

Repayment Estimator (Department of Education)

Loan Calculator (FinAid)


Let’s just say what you are already thinking—borrowing to pay for school and repaying those loans can involve a lot of jargon. What follows are definitions for many of these terms.


Consolidation Loans

Deferment and Forbearance

Direct Loans

Direct Consolidation Loans

Direct PLUS Loans

Direct Subsidized Stafford Loans

Direct Unsubsidized Stafford Loans

Extended Repayment Plan

Federal Family Education Loan (FFEL) Program

Federal Pell Grant (Pell Grant)

Federal Perkins Loans (Perkins Loans)

Federal Student Loans

FFEL (Federal Family Education Loan) Program

Graduated Repayment Plan

Income-Based Repayment (IBR) Plan

Income-Contingent Repayment (ICR) Plan

Income-Sensitive Repayment (ISR) Plan

Institutional Loans

Loan Servicer

Master Promissory Note (MPN)

Parent PLUS Loans

Pay As You Earn Program (PAYE)

Payback Playbook

Pell Grant (Federal Pell Grant)

Perkins Loans (Federal Perkins Loans)

PLUS Loans

Private Education Loans

Public Service Loan Forgiveness (PSLF) Program

Stafford Loans

Standard Repayment Plan

State Loans

Student Loan Debt Consolidation

Teacher Loan Forgiveness Program

Student loan resources

Financial education

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