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Information for Graduating Students

SUNY Canton students on average have approximately $18,500 in student loan debt.

We advise graduating students to review and complete the worksheets in the guidebook listed below during their final semester at SUNY Canton. We also recommend you create your online account for your Federal Direct Loan Servicer if you have not already done so. If you have any confusion on this information please try to attend one of our presentations or contact the One Hop Shop for assistance. If needed we can schedule an appointment for you to come in and meet one-on-one with a Financial Aid Advisor to review your loan history.

After graduation you will need to complete your required exit counseling. Student loans have a grace period (typically 6 months) before you are required to make payments. Be sure your loan servicer has your correct contact information. You are still required to repay your loan even if you do not receive a bill in the mail.

Complete the Following

Student Loan Repayment

  • Guide:  Student Loan Repayment for Graduating Students
    This guide is designed to help you understand the various issues you may encounter during the repayment of your loan. It breaks down the various repayment options including sample charts on how much you will pay each month. It includes worksheets to help you get organized and contact information for the different loan servicers.

  • Presentation: The Basics of Student Loan Repayment
    This is a copy of the powerpoint presentation for the information session held for graduating students on the basics of the student loan repayment process.

Student Loan Forgiveness

Be sure to review our Student Loan Repayment Guide which gives more details on the various types of loan forgiveness, cancellation and discharge options for your federal student loans. In many cases selecting the correct repayment plan is key to receiving loan forgiveness. Don’t forget to check with your employer for any incentives they may offer. You can view more general information at Federal Student Aid including frequently asked questions about many of these options.