Caution to Current Alumni

Many Texas A&M University-Kingsville alumni have received letters from companies offering "student loan debt relief" and "student loan consolidation services". Some are also advertising "New Obama Forgiveness Programs". Our research has found that these businesses are charging exorbitant fees for assisting former students in applying for free federal loan repayment options and forgiveness options. We recommend that students contact their federal or private loan servicers for loan repayment options and avoid any fee-based loan counseling options.

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Loan Repayment

Leaving Texas A&M University-Kingsville?

If you are graduating with a degree from Texas A&M University-Kingsville, Congratulations! We are very proud of your success! If you are leaving the University for other reasons, this site still has important information for you if you have borrowed loans while attending.

Federal loan borrowers are required to complete Exit Counseling

Your Loan History

Click here for a complete listing of your Federal Direct (Subsidized or Unsubsidized) Loans log onto the National Student Loan Data System (NSLDS) . This Department of Education website provides information on federal loans received at Texas A&M University-Kingsville as well as any other schools that you attended and received aid.

NSLDS provides you with important loan servicer details including contact information. Your Loan Servicer manages your Direct Loan repayment on behalf of the Department of Education; this is who will contact you regarding your repayment plan.

Private alternative loan totals are NOT provided through the NSLDS site and their required monthly payments are not included in the calculation of your repayment. These loan totals should be researched separately. For current loan total and repayment requirements, you should contact your alternative loan lender directly. If you do not know if you have borrowed from a private lender you should contact all schools that have previously attended in order to get information on your borrowing history at that school. To obtain details about ALL loans that you have received while attending Texas A&M University-Kingsville, visit your JNET Student Portal and access your Blue and Gold Account.

Loan Consolidation

If you have multiple student loan payments each month, high payments, or variable interest rates, it may benefit you to consolidate your student loans. Your new consolidation loan interest rate is taken from the weighted average of your existing loans which could reduce the amount of interest you pay. While consolidation can save you money on interest, it isn’t right for every borrower, as it could increase the length of time until you pay your loans off or temporarily lower your credit score by appearing as a new item on your credit report. You may also lose important benefits if you consolidate, such as interest rate discounts, cancellation eligibility, or loss of grace period.

For answers to whether or not consolidation may benefit you, which loans you can consolidate, and how to start the process please contact your student loan servicer.

To apply for loan consolidation, including selecting your new consolidation loan servicer and your repayment plan, sign in at www.studentaid.gov then select "Complete Direct Consolidation Loan Application and Promissory Note" link.

In-School Loan Repayment

Students that have taken out student loans are encouraged to make payments toward their loan debt while still in school. Payments you make now will help lower your loan totals upon graduation and reduce the amount of interest you will pay. There are no early repayment penalties on federal student loans. To make a payment toward loans that you have previously taken out contact your loan servicer.