Benefits of Direct Debit
- Direct Debit is the most convenient way to make your student loan payments—on time, every month.
- Direct Debit is a free service. And you qualify for a 0.25% interest rate reduction when your application is approved.
- Set up an electronic deduction from your checking or savings account on the same date each month.
- Since your loan payment happens automatically, it's never late.
How to apply
|Step 1||Sign in to Account Access.|
|Step 2||Complete your Account PIN application.|
|Step 3||Complete the Direct Debit Electronic Funds Transfer Agreement Process or print, sign, and mail your application to the address provided.|
Direct Debit not for you?
Payment Processing Timeline
Does your due date fall on a weekend or holiday? Find out when we process these payments.