Student Loan Consolidation Repayment Plans

MyTuition.com offers seven different student loan repayments plans from which you can choose. The repayment term is a maximum of 10 to 30 years, depending on the amount of your student loan debt.

Total Student Loan Debt Available Repayment Term
$10,000 - $19,999 Up to 15 years
$20,000 - $39,999 Up to 20 years
$40,000 - $59,999 Up to 25 years
$60,000 and above Up to 30 years

* This is a simple interest loan
** All monies paid over the amount owed is applied directly towards principle
*** No prepayment penalty

Available Repayment Plans

  1. Standard Payment Plan - This plan provides fixed monthly payments over the life of the loan.
  2. Graduated Payment Plan - This plan allows for smaller monthly payments at the begining of the loan and gradually increasing over the life of the loan.

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