Call your loan agency and ask it to lower your monthly payment if you're struggling to make your loan payments each month. Options include paying only interest on the loan for a certain period of time or extending the loan repayment time.
Use one company or bank to consolidate all your loans into one monthly payment if you have multiple loans from different loan agencies. Usually these consolidation companies will also make that monthly payment lower than what you would pay if you were paying each loan individually. Consolidation companies include Loan Approval Direct and Next Student.
Put your loan into deferment or forbearance If you have no way to meet the minimum payment of your loan each month. This allows you to skip your monthly payment without risking a hit to your credit score. The interest will continue to grow on the loans while they are in deferment or forbearance, making the minimum payment more when the loan becomes due again. Deferments and forbearances can range anywhere from a month to three years depending on how long you have been out of school, if you have received a deferment or forbearance before and if you have already defaulted on the loans. Contact your loan agency for more details.