Borrowers must repay student loans.  The average loan indebtedness of students attending Lincoln Land Community College is $6,172.00  The average monthly payment for the indebtedness is $71.03.  Remember to include your loan payment as a fixed monthly expense when developing your budget.

In order to help mange student debts and successfully repay loans, student should:

• Know and stay in touch with their lenders reporting changes in address, name and phone number.  Don't hesitate to ask questions.
• Open and read any mail you receive regarding your student loans.
• Keep accurate records
• Stay current with payments.
• Write your loan account numbers on all correspondence with your lender and on all checks.

Before you get your Federal Stafford student loan, you are required by federal regulation to complete an entrance counseling session.  It shows you how to manage your student loans, both during and after college.

Before you start, gather the following information:

• Your social security number
• Your driver's license number
• Name, address, and phone number of your closest relatives
• Name, address, and phone number for two references at different addresses (so lenders can contact the references if they lose touch with you)

COMPLETE ENTRANCE COUNSELING