Repayment of Financial Aid
It is important to understand that most types of financial aid come in the form of student loans that must be repaid when you leave school or drop below half time. At AIU, we will not only work with you throughout the Financial Aid process, but we will also provide you with valuable resources when the time comes to begin repayment of your student loans.
When you leave AIU, you will have access to a Student Loan Specialist who will stay in contact with you regarding the repayment of your student loans. The specialist will provide you with information regarding grace periods, deferment, forbearance, and more. This individual will ensure you have all the knowledge necessary to set up a payment plan with your lender that suits your individual needs.
For those who like to plan ahead, we have provided student loan repayment resources you can review before you even begin your course work. Below you will find links to the Department of Education's website on loan repayment, a loan repayment calculator, a consolidation payment calculator, and also a budget calculator. Please take the time to review these resources to gain a full perspective on your student loan borrowing.