Repayment of Federal loans is a very serious obligation. There are a number of repayment options available to help borrowers to meet their obligations. Remember, you are required to make your student loan payments even if you:
You must make your loan repayments on time or it may have serious consequences. It may:
There are a number of repayment options available. You should discuss them with your lender to determine which will be the best for you:
For full details see the Department of Education repayment webpages. You will always pay the least amount of interest under the Standard Repayment Plan.
If a student who receives Title IV funding withdraws, interrupts for more than 180 days or drops below half time attendance, London Contemporary Dance School will follow the requirements of returning funds laid down by the US Dept of Education under Title IV of the Higher Education Act (HEA) and is applied alongside the LCDS’s withdrawal and refund policy.