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||Download the Direct Debit application. (PDF)|
|Step 2||Complete, print, and sign the form to authorize the service.|
Mail the agreement form only to: