Loan Repayment Assistance
Get Information
"*" indicates required fields
Clicking the Submit button constitutes your express written consent to be called and/or texted by Hunter Business School at the phone number(s) provided, including a wireless number, and your understanding that these calls may be generated using automated technology. Your consent is not required to obtain information regarding Hunter Business School or its programs.
Hunter has high job placement rates, extensive financial counseling within the Financial Aid department, and a continued line of communication between the borrower and the Financial Aid office during the repayment period.
Please contact Mike Garcia at 631.736.7360 if you are having difficulty repaying your loan due to any of the following circumstances:
- Unemployed
- Employed part-time (30 or less hours per week)
- Experiencing economic hardship
- Currently enrolled at another school
Repaying your student loan is very important. We are here to help.
Forbearance
What is forbearance? If you can’t make your scheduled loan payments, but don’t qualify for a deferment, your loan servicer may be able to grant you a forbearance. With forbearance, you may be able to stop making payments or reduce your monthly payment for up to 12 months. Interest will continue to accrue on your subsidized and unsubsidized loans (including all PLUS loans).
Go to General Forbearance Request to request this. Please call the Hunter Default Management office at 631.736.7360 to help.
Deferment
What is deferment? A deferment is a period during which repayment of the principal and interest of your loan is temporarily delayed. Go to In-School Deferment Request to request this. Should the reason for your need for deferment be unemployment, go here. Please call the Hunter Default Management office at 631.736.7360 to help.
Default Rates
What is a default rate? It is the rate of borrowers who fail to remain current on their loans.
Hunter Business School is proud to report its most recent student loan default rates. These rates were provided by the U.S. Department of Education based upon two- and three-year rates. All students who enter into repayment within a specific year are monitored by the Department of Education for three years. These rates cannot exceed 30 percent.
- 2016 (three-year rate): 4.5%
- 2015 (three-year rate): 5.2%
- 2014 (three-year rate): 2.6%
- 2013 (three-year rate): 7.1%
- 2012 (three-year rate): 5.2%
- 2011 (three-year rate): 1.9%
- 2010 (three-year rate): 5.5%
A low default rate means two things: (1) Our student population is highly prepared to enter the workforce and begin paying its student loans. (2) Our Financial Aid office offers superior default prevention assistance by working closely with our graduates during the repayment period and in times of economic hardship.
Stay Informed
Upcoming
Events View All
Stay Informed
Hunter
NewsView All
What Accreditation is Best for Medical Assisting?
In addition to a school’s institutional accreditation, their Medical Assistant program may have programmatic accreditation which may help with various certifications. By becoming certified, you
How Do You Train for Phlebotomy?
Do you want to become a medical assistant and train in phlebotomy at the same time? Medical assistant training programs provide comprehensive education, including phlebotomy
How Long Does It Take to Become a Web Developer?
Since the introduction of the Internet, web development as blossomed into a trillion-dollar industry. With billions of websites on the Internet, there is a need
Medical Assistant Job Description: What Can I Expect?
Are you interested in becoming a Medical Assistant but not sure what the job description entails? Virtually all workers in the healthcare industry assist with
What Our Students Are Saying
