Loan repayment begins six months after the student ceases to be enrolled on at least a half-time basis. The repayment term ranges from 10 to 25 years depending on the amount borrowed and the repayment plan chosen. The minimum monthly payment is $50. If the student borrows a smaller amount, she will have shorter repayment terms. If the student borrows a larger amount, she may wish to consolidate her loan to extend the repayment term. There are additional requirements for each repayment plan. You can read more about each of the plans, including the new “Pay as You Earn Repayment Plan.”  The student should review her options at: You can use their online calculators to estimate your monthly payment under each repayment plan.