Paying back a Student Direct Loan

[JanetRose]

I plan on calling them tomorrow with my question but wanted to see if anyone here knew the answer:

If my daughter chose the 'Graduated Plan' to pay back her loan where the payments are lower than the 'Standard Plan', would she be allowed to pay more than the required amount each month?

Thank you!

 

[ukwildcat]

It all depends on who the guarantor is and what they allow. I assume most have no early payment penalty, but it all depends. My guarantor has no penalty.