What happens if I leave my employer and my loan isn't paid off?

If you leave your employer, you have two options since you will no longer be able to make payments from your company paycheck:

1. Continue making manual payments from your own personal funds via Check or ACH. Specific instructions are located online.

2. Default your loan. This simply means that whatever balance you have left remaining on your loan will be deemed as income. You will receive a 1099-R showing your outstanding loan for your income tax return.