Most methods offer a reduction in interest rates, which can translate to lower monthly payments or a shortened payback period. When adding several programs it can be possible to lower interest rates 2% or more. Different loans can have different options so it important to research each one individually.

Automatic Payment - Sallie Mae offers a .25% reduction in rate if you schedule automatic payments from your bank account. A number of other loans offer similar incentives.

Consolidation - Through consolidation it is possible to refinance individual loans by grouping them together. With current low rates it is possible to get a better rates than what you initially signed up for.

Timely payments -
Interest rate reduction - You can get up to a 2% reduction in interest rate if you make 48 consecutive payment on time on Stafford Loans.
Cash Back - You get a credit on your Stafford Loan equal to the 3% origination fee (less $250) if you make the first 24 scheduled monthly payments on time.

Tax relief - Interest paid on student loans may be tax deductible for qualified individuals. Amounts vary depending on your income and loans.

Student Loan Payoff - There are several options to consider when starting a practice that can haply pay off large chunks of your student debt. These include working privately in designated underserved areas, the military, and for government programs such as the Indian Health Service.