When you applied for student loans, you signed a promissory note that legally obligates you to repay the loans according to the terms and conditions in which you agreed to.
You are entitled to a grace period after you graduate, withdraw, or are enrolled less than ½ time. This is the initial 6 months after you are out of school or drop below half-time, for the Federal Stafford loan (Direct & FFELP) in which you are not yet responsible to make payments. The Federal Perkins Loan and Nursing Loan has a 9 month grace period.
You should receive a repayment obligation and billing statement approximately one month prior to your first payment being due from your servicer(s).
Not repaying your student loans has very serious consequences, such as:
You can view your current Federal Loan debt and the name of your lender at NSLDS.
You can determine your estimated monthly loan payment here.