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Repaying Your Student Loans

Repaying your student loan(s) is an important responsibility with serious consequences for those who default. A person who becomes delinquent on their student loan payments or defaults on their student loan(s) will see their credit history and score negatively impacted. In addition, you may be unable to get a mortgage, car loan, and credit card, or you may have to pay higher interest rates on these. In addition, many insurance companies base premiums on a person’s credit history and score. Fortunately, there are many resources and options available to those who are having difficulty in making their student loan payments. In addition to several repayment plans, a deferment or forbearance may be an option to help keep you from becoming delinquent or defaulting on your student loan(s). It is important that you contact, communicate, and work with the servicer for your student loan(s) if you are having difficulty making your payments, or if you have become delinquent or defaulted on your student loan(s). Contact your Student Loan Servicer to be sure your current mailing address, phone numbers and email address are on file.

For more information on repaying your student loan(s), including the various repayment plans available, contact your Student Loan Servicer, or visit the Department of Education’s Federal Student Aid Web page.

Students who have questions regarding the balance of their Direct Federal Student Loan(s), seek information regarding making payments or have any other questions regarding their Direct Federal Student Loan(s), should click on the link below and log into the National Student Loan Data System (NSLDS), using the same PIN# they used to complete their FAFSA. The NSLDS provides current information on a student’s federal loan(s) including the balance, and the contact information for the Loan Servicer. The student should contact the Loan Servicer with any questions they have about their student loan(s), including repayment.

Plan ahead and graduate with less debt

Access the National Student Loan Data System

Important Information for Students Graduating or Taking Less Than Six Hours in a Semester

Student borrowers of Direct Loans who are graduating, leaving school, or are taking less than six hours in any semester, are required by law to complete exit counseling. Exit counseling provides important information a student needs to prepare for repaying their student loan(s). During exit counseling, the student will review their rights and responsibilities as a borrower.

Calvary requires students to fulfill their legal requirement of completing exit counseling online. Before completing exit counseling, the student will need to know the outstanding balance of their federal student loan(s), which can be found by accessing the National Student Loan Data System. During exit counseling, the student will also need to provide the names, addresses, email addresses and phone numbers for their next of kin, two references who live in the United States, and their current or future employer.

Click here to complete the required exit counseling.

Satisfactory Academic Progress (SAP)

For students to continue to be eligible to receive financial aid, students must meet SAP standards. Calvary’s SAP policy is the same for Federal Student Aid (FSA) recipients and non-FSA recipients, and it applies to all educational programs and to all students within all categories (e.g., full-time, part-time, undergraduate, and graduate students). If a student fails a SAP check, eligibility for financial aid is lost, although an appeal may be made.

Calvary conducts an annual review of all students at the end of each academic year, in the spring, to ensure students are making satisfactory academic progress (SAP). To achieve SAP, a student must meet both qualitative and quantitative standards. The qualitative standard requires a student to have a Calvary Cumulative Grade Point Average (CGPA) of at least a 2.0, while the quantitative standard requires a student to have successfully completed at least 67% of the hours attempted. For more information regarding SAP, including information on filing an appeal, please see the College Catalog or contact the Financial Aid Office at 816-425-6136.


The Financial Aid Office is always available to assist you in answering any questions you may have regarding your student loan(s). Please contact the Financial Aid Office directly at 816-425-6136 or by email at [email protected].