Loan Repayment Help | HCC

Loan Repayment Help

As a student loan borrower it is important for you to understand your rights and responsibilities.

Once you are no longer enrolled in at least six credit hours, you will have a repayment grace period during which time you may choose to repay your loan without penalty, choose a repayment plan, be notified by your loan servicer of your repayment date, and to update any changes to your address and other contact information to you loan servicer.

The information on this page is designed to help you begin the loan repayment process. Additional information may be found on the Federal Student Aid site. Here are some links to help guide you to a successful repayment plan.

Repayment Plans

The How, When, Whom About Loan Payments

Consolidating Loans

Loan Forgiveness

If you work full-time in a public service job, you may qualify for Public Service Loan Forgiveness.

Other opportunities for possible loan forgiveness.

Failing to repay your student loan will result in default. This can bring severe consequences to the borrower including the following:

  • The Internal Revenue Service can take your federal and state tax refunds.
  • The government can garnish your wages.
  • You lose eligibility for additional federal student aid.
  • It will take years to reestablish your credit and recover from default.
  • National credit bureaus will be notified of your default making it difficult to purchase a car, home or often to rent an apartment.

Hopkinsville Community College Default Rates
FY 2018, 2019, and 2020
OPE ID 001994

  FY 2020 FY 2019 FY2018
Default Rate 0 1.1 9.5
No. in Default 0 5 48
No. in Repay 373 426 501
Enrollment figures 3,772 3,745 3,683
Percentage Calculation 9.89 11.38


Review the information below on how to stay out of default by choosing the repayment plan that works for you.

Getting Out of Default

Resolving Disputes

Loan Deferment and Forbearance

John R. Justice Loan Repayment Assistance Program through KHEAAA