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Managing My Student Loans

Where can I receive more information on managing my Direct Loans?

The first place to start is This site provides information on your loan as well as information on loan consolidation, loan forgiveness, optional payment plans as well as deferment and forbearance information.

Can I consolidate my student loans?

Direct Loan Consolidation is available through the Department of Education. You are able to consolidate your Direct and FFELP loans, if you have borrowed in the past, into a single loan. By consolidating your loans, you may be able to extend the term of your loan which may lower your monthly payment. You can always prepay the loan as well so you can take advantage of lower scheduled monthly payments while paying the loan off as quickly as you are able.

Are there opportunities to have my Direct Loans forgiven?

There are several opportunities for loan forgiveness. Teachers may qualify for forgiveness of up to $17,500.00 or if you are a Public Service employee and make 120 consecutive payments, your remaining loan balance may be canceled. Your loan servicer will be able to assist you with loan forgiveness options.

What if I am having problems maintaining my monthly loan payments?

All student loans offer deferments and forbearance if you are struggling with your loan payments. Servicers can also offer you a variety of payment plans that may better fit your income. It is best to contact your servicer directly to determine what options are available to you. If you are not sure who your servicer is, contact our office or go to



    NLU’s Chicago campus on South Michigan Avenue occupies five floors of the historic Peoples Gas Building. This landmark building, across the street from the Art Institute of Chicago and Grant Park, is easily accessible by train, bus and car and is surrounded by restaurants, parking lots/garages and shops.

    122 S. Michigan Avenue
    Chicago, IL 60603
    (888) 658.8632
    Info » | Directions »

    Conveniently located in a fast-growing business district off I-90 and Route 31, NLU Elgin features 10 classrooms with high-tech media equipment; a computer lab with high-speed Internet access; two conference rooms; and comfortable student lounges. Parking is free at this recently remodeled and upgraded teaching site, which now includes wireless Internet access.

    620 Tollgate Road
    Elgin, IL 60123
    (888) 658.8632
    Info » | Directions »

    Opened in the summer of 2006, NLU North Shore at Skokie is a state-of-the-art modern campus located just off the Edens Expressway near the Old Orchard Shopping Center. The campus includes 44 wireless classrooms equipped with high-tech media equipment; four computer labs with high-speed Internet access, including a walk-in lab in the library; six conference rooms; a public café for beverages and snacks; a student welcome center; a library for research and study; and multiple, comfortable student lounge areas.

    5202 Old Orchard Road
    Skokie, IL 60077
    (888) 658.8632
    Info » | Directions »

    Located just minutes from the East-West Tollway (I-88), NLU Lisle features 42 wireless classrooms equipped with high-tech media equipment; four computer labs with high-speed Internet access, including a separate walk-in lab in the library; a café for beverages and snacks; a student welcome center; a library for research and study; conference rooms; and six comfortable student lounge areas with wireless access.

    850 Warrenville Road
    Lisle, IL 60532
    (888) 658.8632
    Info » | Directions »

    Located in one of Chicago's major northwest suburbs, the newly renovated NLU Wheeling includes 20 classrooms with high-tech media equipment, four conference rooms, four computer labs with high-speed Internet access, large student lounge areas with wireless capabilities and interactive video capabilities, and an extensive research library. The site also houses the university library research collection.

    1000 Capitol Drive
    Wheeling, IL 60090
    (888) 658.8632
    Info » | Directions »

    Established in 1988 and located in one of Tampa's major business districts, NLU's Florida Regional Center serves students in 13 counties in central Florida. In addition to its classrooms, the National Louis University Tampa Regional Center features a computer lab, student lounges, and conference room.

    5110 Sunforest Drive, Suite 102
    Tampa, FL 33634
    (800) 366.6581
    Info » | Directions »