How Much Do I Owe in Student Loans?
You can find your federal student loan balance by checking the National Student Loan Data System. You can find your private student loan balance by checking with your lender.
Student loan repayment is creating a difficult time for many American homes today. Student debt is the second-largest source of household debt, just after mortgages.
Outstanding student loan debt now stands at over $1.6 trillion and the average borrower owes over $28,000 at graduation.
If you had to take out student loans to pay for college, you may be wondering how to find your current balance. This quick guide will help you do just that.
On this page:
You will need your Federal Student Aid (FSA) ID to log in and view your information. This was created when you applied for financial aid. Loan servicers keep track of student loan balances and share this information with the NSLDS.
You earned a degree—now you deserve a better interest rate
The NSLDS will also collect information from a variety of additional sources, including the university, to update all information about your loans, including when you requested the loan, when you received it, the grace period end date, and even when you paid off the loan balance.
It gives a total picture of your federal student loan balance. Your federal student loan payments will need to be made online through the loan servicers.
If you have private student loans, the NSLDS will not reflect this balance.
To find your private student loan balance, you will need to do additional research. First, check with the original lender. If you do not remember who the original lender was, you may need to contact your federal aid office.
If you do not find the information you need from these sources, you can try looking into a soft credit pull. Your credit report will show all your debt including your student loans.
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