When is the deadline for loan repayment?

The deadline for loan repayment with Nelnet Loans varies based on the specific loan type and repayment plan chosen. For federal student loans, the standard repayment plan typically requires monthly payments to begin six months after the borrower graduates, leaves school, or drops below half-time enrollment. However, borrowers can select alternative plans like income-driven repayment options, which set payments based on income and family size. Private student loans have varying repayment terms based on the terms agreed upon with the lender during the loan application process. It is crucial for borrowers to check their loan agreement or contact Nelnet Loans directly to determine the specific repayment deadlines and options available to them.