Office of Student Financial Aid

How to prepare for student loan payments to restart

The COVID-19 Loan Payment Pause and 0% interest rates are ending. 

Student loan interest will resume on Sept. 1, 2023, and payments will be due in October 2023. 

1
know who your loan servicer is
To find out who your loan servicer is, visit your account dashboard and scroll down to the "My Loan Servicers" section or call the Federal Student Aid Information Center at 1.800.433.3243
2
update your contact information
Make sure your contact information is correct on your loan servicer's website and StudentAid.gov
3
Review repayment plans
Contact your loan servicer if you would like to discuss repayment plan options or change your repayment plan. You can get information about all of the federal student loans you have received and find the loan servicer for your loans by logging in to "My Federal Student Aid."
4
sign up for autopay
Never miss a payment. Sign up for automatic debit through your federal loan servicer to have your payments automatically taken from your bank account

For additional information about student loan repayments, visit Federal Student Aid Restart.

Your Federal Loan history and loan servicer information is available at studentaid.gov and you can watch the video for information on how to easily view your information.

Have Questions?

Ask Rocket Solution Central.

Rocket Solution Central — or RSC — is your one-stop answer shop for financial aid questions.

Call 419.530.8700
Monday - Wednesday and Friday 8:30 a.m. - 4:45 p.m.
Thursday 10 a.m. - 4:45 p.m.
Visit 1200 Rocket Hall
Monday - Friday 8:30 a.m. - 5 p.m.

No need to wait in line. Register through Rocket Q ahead of time or when you arrive. You'll receive wait-time updates and be notified when it's your turn.

Register by texting "University of Toledo" to 419.419.3430 or by entering your information online.

Financial Wellness

We could all use some help managing our money ― whether you’re a high school student, undergraduate or upperclassman ready to graduate.

UToledo's financial wellness team offers workshops, presentations and tools to help you improve your money management skills. You can even schedule an appointment with our counselor to discuss your personal financial plan.

  • How to pay for college
  • Managing student loans
  • Making a budget
  • And more
Financial Wellness Services
Last Updated: 9/14/23