← All checklists

Student loan payoff checklist

Stay on top of federal and private student loans.

Know your loans

  • Log in at studentaid.gov for federal loans; check servicer and balance.
  • List private loans (lender, rate, balance, minimum payment).
  • See if you're eligible for PSLF, IDR, or other programs.

Repayment strategy

  • Sign up for autopay to avoid missed payments and sometimes get a rate discount.
  • If you have extra to put toward loans, target highest interest rate first (avalanche).
  • Consider refinancing only if you don't need federal benefits and can get a lower rate.

Ongoing

  • Update contact info with your servicer so you don't miss notices.
  • Keep records of payments and correspondence.
  • Re-evaluate if your income or family size changes (IDR recertification).

WealthyCalc provides general information only, not financial advice. For advice tailored to your situation, consult a qualified professional.