Borrowing: Loans & Loan Repayment

These resources can help you create a plan to reduce your debt, paying off student loans and more.

There are two basic strategies to reduce your debt: the highest interest rate method and the snowball method. Look through the pros and cons for each method and decide what works best for you.

It’s always a good time to give your student debt repayment plan a check-up. Regardless of your situation, there are some basic steps you can take to avoid stress and save money in the long run.

In this course, you will learn how to repay your federal student loans effectively and successfully. You will also learn strategies and methods for making the repayment process easier, including a few opportunities when debt might be alleviated. The University of Connecticut has contracted with iGrad to offer their online financial wellness tool, which provides a variety of resources to assist with financial literacy, planning and management.