Understanding your federal student loan repayment options can help you choose a plan that fits your budget and long-term goals. From lower monthly payments to faster debt payoff, the right option can make repayment feel much more manageable.

Direct Subsidized Loans can help keep college costs lower because the government pays the interest while you’re in school, during the grace period, and in certain deferment periods. Direct Unsubsidized Loans, on the other hand, start accruing interest right away, so knowing the difference can save you money over time.