Managing Student Debt It is important to understand that most types of financial aid come in the form of student loans that must be repaid along with interest and associated fees when you leave school or drop below half time. At American InterContinental University, we will not only work with you throughout the Financial Aid process, but we will also provide you with valuable resources to help you understand student debt and, when the time comes, the repayment of your student loans. When you leave AIU, you will have access to a Student Loan Specialist who will stay in contact with you regarding the repayment of your student loans. The specialist will provide you with information regarding grace periods, deferment, forbearance, and more. This individual will ensure you have all the information necessary to set up a payment plan with your lender that suits your individual needs. There are several resources that will help you manage your student debt and repayment: Financial Aid information in the University Catalog. Tuition and fees schedules in the Catalog or the Tuition and Fees Schedule located on the university website. www.fafsa.ed.gov is the government website where students can apply for financial aid. www.studentaid.gov is the federal website where students can learn about different types of financial aid and repayment plans. Tips for Managing Student Debt Create a budget that outlines your monthly expenses, including your monthly debt repayment, so that you have a clear idea of where your money needs to go. Gather information on different loan and financial aid options using the resources listed above so that you can make an informed decision about how much debt to take on and what repayment option is right for your budget.