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Iowa College Student Aid Commission
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Home | Default Prevention
Default Prevention
Products and services are available to help student loan borrowers avoid the serious consequences of default. From making responsible borrowing decisions while in college to successful repayment, assistance is available to help borrowers throughout the student loan process.
Products and services are available to help student loan borrowers avoid the serious consequences of default. From making responsible borrowing decisions while in college to successful repayment, assistance is available to help borrowers throughout the student loan process.
Publications
Iowa College Aid publications help students prepare for student loan repayment and avoid the serious consequences of default. These publications are free to students, families, educators and college professionals. Read More
Borrower Information
Federal student loans can be very useful in helping cover education and living expenses, but it is important to keep in mind that loans must be repaid. Borrowers need to understand the responsibility that comes with student loan debt because their borrowing decisions will impact their ability to meet future financial obligations. The articles below can help borrowers learn more about responsible borrowing and successful repayment.
Iowa College Aid publications help students prepare for student loan repayment and avoid the serious consequences of default. These publications are free to students, families, educators and college professionals. Read More
Borrower Information
Federal student loans can be very useful in helping cover education and living expenses, but it is important to keep in mind that loans must be repaid. Borrowers need to understand the responsibility that comes with student loan debt because their borrowing decisions will impact their ability to meet future financial obligations. The articles below can help borrowers learn more about responsible borrowing and successful repayment.
| Consequences of Default | Effects of Over-borrowing | Preparing a Budget |
| Difficulty Paying | Making Payments | Value of Completing a Degree |
Any borrower experiencing difficulty making on-time payments should immediately contact their loan holder to discuss alternatives to missing a payment.