I would like to pay off my daughter’s Direct Unsubsidized Loan. My daughter is raising Senior in American University in this coming Fall semester.
When you receive your first Direct Loan, you will be contacted by the servicer for that loan (you repay your loan to the loan servicer). Your loan servicer will provide regular updates on the status of your Direct Loan, and any additional Direct Loans that you receive. If you’re not sure who your loan servicer is, you can look it up on nslds.ed.gov.
After you graduate, leave school, or drop below half-time enrollment, you will have a six-month grace period before you begin repayment.
Visit the link below for additional information and directions on repayment.