KHESLC logo
Account Login
Home
Who we are
What we offer
Publications
Calculators
Payment Solutions
Forms
Contact Us
Students
Your Future   |   Financial Aid   |   Apply   |   Repayment
picture of a telephone


Need more information on state–based loans?

Call us toll-free at 888-678-4625

Contact Us...

Students

Student Loan Repayment

Before you borrow, find out how to calculate expected payments. Use our Loan Repayment calculator to judge how much your average monthly payment will be. Of course, until you start repayment, these amounts are only estimates.

Repayment requirements are different based on the types of loans you have: Federal loans or State-Based loans offered by KHESLC.

Federal Loan Repayment

After you graduate, leave school, or drop below half–time enrollment, you have a period of time before you have to begin repayment. This "grace period" will be

  • Six months for a Federal Stafford Loan (Direct Loan Program or Federal Family Education Loan (FFEL) Program)
  • Nine months for Federal Perkins Loans
Repaying your Federal Family Education Loans (FFELP)
Advantage Education Loan Repayment

The Advantage Education Loan program has three repayment plans. The repayment plan is selected when applying for the loan.

  • Full principal and interest payments upon final disbursement
  • Interest–only payments for up to 72 months while in school
  • Postpone payments for up to 72 months while in school

Once a loan is disbursed, the repayment plan selected during the application process cannot be changed.

Repaying your Advantage Education Loan:

Publications

Check out our Publications at:



Updated: 09/24/2013

KENTUCKY HIGHER EDUCATION STUDENT LOAN CORPORATION   |    TERMS AND CONDITIONS   |   PRIVACY POLICY   
KHEAA BEST IN CLASS BEST START