Worried about paying off your student loans? The help you need is right on campus.

Nobody lies to think about repaying student loans, especially when they're stressed about classes, clinics and National Board exams. Borrowing for optometry school is a necessity for most students, but settling debt doesn't have to be traumatic. Here's advice from five financial aid experts to help you manage school debt without creating financial hardship.

"We start preparing students for repayment during the admissions interview," says Tami A. Sato, director of financial aid at Southern California College of Optometry in Fullerton. "We spend about 20 minutes going over budgets and programs that can help pay for school-related and living expenses. The financial aid office helps students borrow enough money to pay for school, but we also provide the knowledge and tools they need repay their loans in full and on time."

Other schools have similar strategies. "In addition to discussing student loan debt during the admission process, we remind students about debt management as soon as they arrive on campus for orientation," says Carol Rubel, director of financial aid at New England College of Optometry in Boston.

First-year students at SUNY State College of Optometry in New York attend a mandatory entrance interview, says Vito J. Cavallaro, director of financial aid. "We tell students how much they should anticipate borrowing and provide general strategies for keeping debt low, such as finding a lender and living within a budget," he says. "But we don't stop there. This is just the beginning of a counseling process that continues beyond graduation."

Successful debt repayment often begins with choosing the right combination of financial aid programs. Most schools provide a list of loan options and recommended lenders on their Web sites. You may not be eligible for every type of student loan, so check with your school's financial aid office for details about:

* Federal Stafford Subsidized and Unsubsidized loans

* Direct Subsidized and Unsubsidized loans

* Institutional loans

* Federal Perkins Student loans

* Health and Human Services loans and scholarships

* Scholarships, grants and work-study programs

* Emergency loans.

Guiding students toward the most beneficial package of financial aid programs is a primary goal of most financial aid offices.

Charles Agee, assistant director of financial aid at Northeastern State University in Tahlequah, Okla., advises students to research repayment options when choosing a lender. "Some lenders have special or flexible payment plans, which is important if you're thinking of applying for residency after graduation," he says. "Money can be tight during your residency year, so you should consider working with a lender who can offer forbearance during this lean time."

The New England College of Optometry is a Federal Direct Stafford Loan school that allows borrowers to consolidate their debt while they're still in school. "Students benefit by locking in the current interest rate, which may increase by the time they graduate, without losing their 6-month grace period," says Ms. Rubel.

In addition to teaching students the benefit of consolidation, Ms. Rubel encourages them to use the National Student Loan data system to monitor their debt. "As good as your income may be, you probably won't have much extra money as a first-year O.D.," she says. "You'll still need to budget your spending after you start working if you want to repay your loans and reserve enough money to meet living expenses."

BUILD A BUDGET

One basic, if obvious, tenet always applies to debt: The more you borrow, the more you have to pay back. Nevertheless, students easily can lose track of debt when they're concentrating on their studies - an oversight many come to regret later.

"Most optometry students know it's important to keep debt low," says Ms. Sato. "At a recent conference, a panel of professional-school graduates said they wished their schools' financial aid offices had actively educated them about budgeting so they could have borrowed less."

Some optometry school expenses, such as tuition and books are non-negotiable, but other necessities, such as food, shelter and clothing, can cost more or less depending on the choices you make.

"I discourage students from automatically taking maximum loan amounts," Mr. Cavallaro says. "In fact, I often encourage them to underestimate their needs and apply for additional funds to meet unexpected shortfalls, such as unusually high cell phone bills or rising gas and utility costs. We can help them by extending emergency loans."

Mr. Cavallaro reminds students how much they're really spending when they use loan money to pay for food and rent. "I make them think about how much a $12 pizza will really cost after accruing 10 years' interest," says Mr. Cavallaro. "Students must be aware of how much each loan dollar they spend will cost them later."

Until SUNYs new dormitory is completed in 2007, students must find their own housing in the local community. "Someone who lives in Manhattan for 4 years will owe a lot more money than someone who commutes to school from a less expensive suburb. Students are free to live where they want, as long as they realize their decisions have a long-term impact on future finances."