Many college students wait until they have graduated and found employment before they start to repay their students loans. This waiting is unnecessary. Paying even a small amount each month can significantly lower debts after graduation, especially for those with unsecured loans with interest that begins to build while a borrower is still in college.No Waiting With FAFSA Payment OnlineAt any time, students can log into their loan accounts online, and make payments. It is very easy to make fafsa payment online for any federal aid loans. In addition, you can set up automatic withdrawals through your checking or savings account, switch to a different repayment plan, or request assistance with a deferment or forbearance.Setting up fafsa payment online can happen at any time during the life of a loan. It does not matter if the loan is currently compounding interest or not. Borrowers can send payments in a little each month while they are in school to lessen their burdens after graduation. While there is no payment plan specifically for people still in school as this is not expected, doing so can greatly reduce post-graduation payments.What is Necessary to Set up Payments Online?Typically, all that is needed to start making payments online is the account number, and borrower information associated with the loan, as well as a bank account of some kind. Payments can be sent through a savings or checking account. Borrowers are discouraged from paying loan payments by credit card as student loans typically have much lower rates of interest.It is possible for borrowers to repay their loan by major credit card, however. Visa, MasterCard, Discover and American Express cards are all viable options. There are times when credit card companies offer promotions that make credit card payments a common sense choice. Zero-percent interest periods and paying by credit card when borrowers can cover those payments in full before their credit card interest sets in can save quite a bit.