June 11, 2014
The program sets a cap on student loan payments at 10 percent of monthly income. It also erases outstanding debt if a balance remains after as few as 10 years, depending on income and occupation. There are also other federal repayment plans available.
St. Mary’s University offers a variety of scholarships and financial aid. After gift aid is applied, self-help aid can be used for the balance. For more information, please view the student loan repayment options and use our net price calculator.