Lovett Hall at sunset

Repaying Your Loans

The Office of Financial Aid requires that students complete Exit Counseling, per Federal Regulations. Once the student has completed all degree requirements, the next step is loan repayment.

IMPORTANT: An email notification regarding the Exit Counseling requirement will be sent to all students who graduate, withdraw, or drop below half-time enrollment. If the Exit Counseling is not completed, there will be a HOLD placed on the student’s account. The hold will be removed once we have received the electronic confirmation. Below are links that may be beneficial to Rice students.

Stafford and Graduate PLUS Loans - There is a six (6) month grace period for Stafford and Graduate PLUS Loans before repayment will begin. For more information, contact the lender. The Stafford/Graduate PLUS Exit Counseling requirement can be completed at: http://www.nslds.ed.gov/nslds_SA/.

Perkins Loans - There is a nine (9) month grace period for Perkins Loans before repayment will begin. For more information and Exit Counseling requirements, contact ECSI at: www.ecsi.net.

Parent PLUS offer different repayment options and grace periods, so please contact the lender that holds the loans to determine when the student must begin repayment. 

Private Loans offer different repayment options and grace periods, so please contact the lender that holds the loans to determine when the student must begin repayment. Refininacing or consolidation information is also available here, select program type Refinance/Consolidate Private on the left side . 

National Student Loan Data System (NSLDS) - This database will list all Federal loans received by the student. The FSA ID and password used to complete your FAFSA is required to log in to the student’s records. For more information contact the Department of Education at: www.nslds.ed.gov/nslds_SA/.

Consolidation Station - If students have several loans, they may wish to consolidate them; the Consolidation Station is an excellent resource to assist with this process.