Loan Repayment Help

As a student loan borrower it is important for you to understand your rights and responsibilities.

Once you are no longer enrolled in at least 6 credit hours you will have a repayment grace period. You may choose to prepay your loan without penalty, choose a repayment plan, be notified by your loan servicer of your repayment date, and to update any changes to your address, and other contact information to your loan servicer.

The information on this page is designed to help you begin the loan repayment process. Additional information may be found at Student Loans. Here are some links to help guide you to a successful repayment plan:

Repayment plans

The How, When, Whom about loan payments

Consolidating Loans

Loan forgiveness

If you work full-time in a public service job, you may qualify for Public Service Loan Forgiveness.

Other opportunities for possible loan forgiveness are available.

Federal Student Loan tips from KHEAA

Failing to repay your student loan will result in default. This can bring severe consequences to the borrower including the following:

  • The Internal Revenue Service can take your federal and state tax refunds.
  • The government can garnish your wages.
  • You lose eligibility for additional federal student aid.
  • It will take years to reestablish your credit and recover from default.
  • National credit bureaus will be notified of your default making it difficult to purchase a car, home or often to rent an apartment.

Review the links below for information on how to stay out of default by choosing the repayment plan that works for you:

Avoiding Default

Getting out of Default

Resolving Disputes

Loan Deferment and Forbearance

John R. Justice Loan Repayment Assistance Program through KHEAA 

Resources for Federal Student Aid

Responsible Borrowing
Responsible Borrowing
How to Manage Your Student Loans
Managing Student Loans
Repayment: What to Expect
Repayment ~ What to Expect



Contact Information

KCTCS/Elizabethtown Community and Technical College
Financial Aid Office
RPC 1st Floor Room 105
610 College Street Road Elizabethtown, KY 42701
(270) 706-8802 or (877) 246-2322 extension 68802
1-855-746-3282 24/7/365
FAX 270-769-0736