Loan Repayment Information
Federal Direct Loan Exit Counseling
All borrowers graduating or withdrawing from MSOE who received a Federal Direct Loan from MSOE are required to complete the Federal Direct Loan Exit Counseling. Exit counseling helps you understand your rights and responsibilities as a student loan borrower as well as provide useful tips and information to help you manage your loans.
Find Your Federal Loan Servicer
Information contained on the National Student Loan Data System (NSLDS) database reflects the most current data for federal student loans. The data contained on the NSLDS site is for general information purposes only and should not be used to determine eligibility, loan payoffs, over payment status, or tax reporting. Please consult MSOE’s Financial Aid Office or the specific holder(s) of your debts for further information.
Estimate your Monthly Payment
This student loan payment calculator computes an estimate of the size of your monthly loan payments. This loan calculator can be used with Federal education loans (Subsidized/Unsubsidized, Perkins and PLUS) and most private student loans.
Federal Loan Repayment Options
There are several repayment options available that are designed to meet the individual needs of borrowers. Your loan servicer can help you understand which repayment options are available to you. Generally, you’ll have 10 to 25 years to repay your loan, depending on the repayment plan that you choose. Learn more about your repayment options.