Benefits of Automatic Payments
Automatic payments are the easiest and most convenient way to make your student loan payments.
-You’ll never miss a payment again and avoid late fees.
-Automatic payments make budgeting easy! Your monthly payment will be drawn on the same day, each month, allowing you to manage your finances with ease.
-By allotting an additional amount, you can pay off your student loans sooner!
-Signing up for automatic payments is free and can be done directly through your online account.
How to Apply for Automatic Payments
You can sign-up for automatic payments directly through your online account. When applying for automatic payments, you will need to be prepared to provide your banking information.
Your online request will be processed automatically; however, if you’ve already been billed for the current month, your automatic payments will not begin withdrawing until your next due date.