<prompt> Human: I recently graduated from university and was fortunate enough to find a job within only about a month and a half that also came with a tidy 7500 signing bonus. I depleted my savings while in school so I used some of the money around 2000 or more if PF recommends it to get a head start on an emergency fund, I put 800 away to start saving to go back to school, and Im going to set aside some of the money to gift myself for graduating and finding a job.I do however have about 33k in federal student loans that I want to get a head start on even though my first payment isnt due for another 5 months. I have 8 loans, and 4 of them have interest rates at 4.29, 4.29, 4.45 and 4.66 respectively. The two highest interest loans have accrued 1000 in interest since I borrowed them. So my question is, assuming I have no outstanding debt other than student loans and my regular salary is adequate to take care of my needs, how much of my bonus should I pay as a lump payment towards my loans and how would PF recommend I distribute my payment across my loans?  <response>: Most calculate daily, so the sooner and more you pay on them the less interest you will pay. 