After your studies - US Federal Loan - University of Derby

After your studies

Is there anything I should prepare for before I finish my course?

Approximately one month before you are due to complete your course you will be contacted regarding completing Exit Counselling. Exit Counselling is similar to Entrance Counselling and provides important information to prepare you for repaying your loans. It is very important that you complete Exit Counselling once you are prompted to do so. The link to complete this can be found here.


When do I start repaying my loans?

You won’t start making payments until at least six months after you have completed your course. If your parent has borrowed a PLUS loan on your behalf the payments will be made once the loan has been fully disbursed.

Please visit the Student Aid website for information on repaying your loans, consolidation, deferment and forbearance.