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It's Graduation - Five Things Borrowers Should Do Before Student Loan Payments Begin

1.  Make sure that you do your exit interview for your federally guaranteed student loans.

2.  Make sure that you change your address with your federally guaranteed loan servicer from your campus address to your permanent address.

3.  Make sure that you have looked into the options for Income Driven Repayment for your federally guaranteed student loans.

4.  You can create your repayment plan for your federal student loans now, and put it on hold for the grace period.

5.  Make sure that you know if you have private loans, who the loan servicer is and when to start making payments.  Private student loans have different rules from federally guaranteed student loans.