Student loans

Student loan repayment can be confusing and challenging for college students, especially those who will soon be graduating. If you have any questions regarding student loans or any other financial matter please schedule a FREE and confidential appointment with Powercat Financial Counseling today! Remember the best source of information about your student loan repayment is to contact your lenders or loan servicers directly for information and options.

Check out the archived workshop video about Student Loan Repayment.

How do I find out how much I have borrowed?

You can view your FAFSA issued federal student loans at by clicking on "LOG IN" at the top of the home page and submitting your information. You will need your FAFSA personal identification number (PIN), but if you've forgotten your PIN you can click here to request a duplicate pin. Your private loans will not be included in this list. You should contact your servicer or lender listed on your Federal Student Aid report or log into their website to access information about the loans you have. If you are not sure who your lender is, you can get your free credit report from which will list all of your creditors including any private lenders.

Why am I being required to take student loan 'exit counseling'?

The Office of Financial Assistance is required to have every student complete exit counseling. It is used to educate borrowers on their rights and responsibilities and provide information to enable them to determine which repayment option best fits their individual financial needs. It will take approximately 30-40 minutes to complete and is a good starting point for understanding your repayment options.

What are my repayment options?

See the repayment options for federal direct loans. New repayment options for federal loans include Income-Based Repayment (IBR) and Pay As You Earn Repayment plans. Federal Family Education Loans (FFEL) and private loans will have different repayment options and you should contact the lender for those available options.

How much will my student loan payment be?

Sign in to use the Repayment Estimator on to see your specific loan balances, the estimated monthly payments, and the total interest paid for each payment plan option.  You can also see more financial calculators based on other repayment options.

How can I determine a budget with my student loan payment?

After running one of the above calculators to estimate your student loan repayment amount, simply fill out our student loan repayment form to see how your student loan payment will fit into your monthly budget. The end result will let you know how much money you can allocate toward other monthly expenses.

Should I consolidate my loans?

Learn more about traditional direct loan consolidation and check out loan consolidation in the federal direct loan program to see if it's the right choice for you with regard to your federal student loans. Be sure to read the Frequently Asked Questions about loan consolidation. In certain circumstances, consolidation may not be your best option. Also check with your existing loan holder or servicer to determine consolidation options that are available and the consequences of consolidating each of your loans.

What are some of the circumstances where federal loans can be forgiven?

You can find a helpful list of the types of forgiveness, cancellation and discharge options available on the Federal Student Aid website and a chart of loan forgiveness options by loan type.

Some loan forgiveness programs include but are not limited to:

To find out whether you qualify, talk to the human resources staff at your employer to verify that your employment qualifies and talk to your loan servicer to ask about eligibility and to apply for loan forgiveness, cancellation or discharge. 

NOTE: some, but not all, loan forgiveness is excluded from income – consult with your tax advisor.

Volunteer organizations also may offer loan forgiveness including programs such as:

Have more questions about student loans?

The Office of Student Financial Assistance awards all student loans, grants and scholarships. Go to for information about how to apply for student loans. The Free Application for Federal Student Aid (FAFSA) must be completed each year to determine your eligibility for federal financial assistance

OR if you need assistance with this topic or any others, schedule a FREE confidential appointment with Powercat Financial Counseling today!


Kansas Rural Opportunity Zones program offers income tax waivers for up to five years and student loan repayments of up to $15,000 for Kansas residents.