Set Up a Repayment Agreement

Congratulations! You have taken the first step toward loan rehabilitation. In order to return your loan to good standing, you will need to:

• Make nine consecutive, on-time monthly payments (double payments will not count as two payments)
• Send each payment on your scheduled due date
• Keep your contact information current

How you’ll benefit upon completion of the program:

• Your loans may be eligible to be removed from default.
• Negative credit remarks reported by EdFund/CSAC will be deleted from your credit history.
• You may regain your eligibility for deferments, forbearance and additional financial aid.
• Tax offsets and wage garnishments may be avoided if payments are made on time.