About your monthly bill
- Twenty days prior to your payment due date, we mail billing statements giving you plenty of time to make your payment.
- An Interest Notice differs from a bill because you're not required to make a payment if your loan is in deferment, forbearance, grace, or in-school status; however, paying the interest prevents it from capitalizing (being added to your principal balance).
Don't want paper?
Enroll in Paperless Billing today!
Sample FedLoan Servicing billing statement
Select each "star" icon to learn more about the information on your bill.
Still have questions about your bill? Contact us.
The 10-digit number assigned to you.
Use this number when making any type of payment or when contacting our office via telephone communication or written correspondence.
Total Due by XX/XX/XXXX
Make sure we receive your payment by 5:00 PM on this date so it can be posted to your account on time.
Also, avoid making payments on weekends and holidays because they may not be posted on the date we receive your payment.
Total paid since your last statement
The total amount of your last payment.
The value is the sum of the interest, principal, and fees.
Total amount unpaid since your last bill.
Total amount due for this billing cycle.
The date the government released the loan funds.
We use this date to organize your loans.
This is your loan type.
It is useful if you ever decide to apply for another payment plan because different plans have different loan program requirements.
Shows the breakdown of your monthly payment for each loan.
The total of this column makes up your monthly payment amount.
As of today, you've paid on your loans
The total amount paid to date on your loans, including amount paid toward interest, principal, and fees.