You pay your student loans depending on your country and loan type: For U.S. Federal Student Loans:
- You make payments through your loan servicer’s website. Log in to your account on StudentAid.gov to find your loan servicer and make payments online, set up direct debit, or make one-time payments
- You can manage repayment plans, make extra payments, and keep track of your loan balance on your StudentAid.gov dashboard
- If you have trouble paying, you can explore income-driven repayment plans or other options through your servicer
For UK Student Loans:
- Repayments are usually deducted automatically from your salary by your employer if you are employed, alongside tax and National Insurance
- If self-employed, repayments are made through your tax return to HM Revenue and Customs (HMRC)
- You can also make extra repayments or one-off payments via your online account on the Student Loans Company (SLC) website, by card, bank transfer, or cheque
- If living abroad, you must inform SLC and make payments either through your online account or by international bank transfer using specific IBAN and SWIFT details
For Canadian Student Loans:
- Payments are made through the National Student Loan Service Centre (NSLSC) for federal loans and through provincial services for provincial loans, depending on your province
- After finishing school, there is a 6-month non-repayment period before payments start
In summary, you generally pay your student loans online through your loan servicer’s or student loan company’s website, by automatic payroll deduction if employed, or by bank transfer depending on your country’s system. Be sure to log in to your loan account online to manage payments and keep your contact details updated
