Loan Repayments & Default

If you do not make your loan payments, you are at risk of being delinquent and falling into default of your student loans.


Your loan becomes delinquent the first day after you miss a payment. Even if you miss just one monthly payment and then start making payments again, your loan will be delinquent until you repay the past due balance or make other arrangements.

If your loan is currently delinquent, contact your loan servicer to discuss repayment options, deferment or forbearance.

After 270 days of not making your scheduled federal student loan payments your student loans will be moved into default.


If your loan continues to be delinquent, the loan may go into default. The point when a loan is considered to be in default varies depending on the type of loan you received. For federal loans, it is 270 days or nine months of being in delinquent status.

Consequences of Default:

  • Lose eligibility for forbearance and deferment
  • Cannot enter other repayment options
  • IRS tax refund withheld
  • Wage Garnishment
  • Withholding or suspension of professional licenses
  • Debt increases with fees and collections
  • Damages credit, on report for 7 years

If you are having trouble making your monthly student loan payments, make sure to reach out to your student loan servicer before you enter into default.

Additional Resources:

Student repayment plans 

Student loan repayment calculator