Student Loan Repayment refers to the process of paying back borrowed money used to finance education. After graduation or leaving school, borrowers typically enter a repayment period, which can last several years. Payments usually include both principal and interest, and the amount can vary based on the loan type and repayment plan chosen. There are different repayment options available, such as Standard Repayment, Graduated Repayment, and Income-Driven Repayment plans. Each plan has its own terms and conditions, allowing borrowers to select the option that best fits their financial situation. It's important for borrowers to understand their responsibilities and stay informed about their loans.