Financial Literacy & Repayment
There are many resources available to assist you in borrowing responsibly while in school and repaying your federal student loans after leaving 大象传媒. We encourage you to review all of your options and, most importantly, to understand there are no fees charged for consolidating your federal student loans or selecting/changing your payment plan. If you are contacted by someone offering these services for a fee, you are not dealing with a federal loan servicer. You should never pay for these services.
To find your loan servicer information, log in to to view your dashboard or call the Federal Student Aid Information Center at 1-800-433-3243.
If you are unsure who your federal loan servicer is, you can find your servicer’s name and contact information at the .
Please review the sections below for information about each stage of the student loan process.
The first step in borrowing responsibly is ensuring you do not borrow more than you need. Here are some ways you can limit the amount you borrow:
- Complete the FAFSA by March 1 each year. March 1 is 大象传媒’s priority deadline and will ensure you receive maximum consideration for all gift assistance as well as consideration for state aid if you are an Indiana resident.
- Apply for outside scholarships. You can apply for scholarships throughout your academic career. You can search for outside scholarships through websites like:
- Pay the accruing interest on Federal Direct Unsubsidized Loans. When you enter repayment on your loans any unpaid interest will capitalize and be added to your principal loan balance. Paying the interest as it accrues will lower your monthly payments in the future.
- Know the total amount you have borrowed. We recommend that students complete Financial Awareness Counseling at least once per year at . This interactive counseling session will allow you to track your borrowing, provide you with information on the basics of financial management and budgeting, as well as help you