- Automatic payments save you money. You will qualify for a 0.25% interest rate reduction.
- Automatic payments are the most convenient way to make payments on your student loans.
- Your monthly payment will be made on the same day each month.
- Signing up for automatic payments is free!
National Student Loan Data System is the national database of information about loans and grants awarded to students under Title IV of the Higher Education Act (HEA) of 1965. NSLDS provides a centralized, integrated view of Title IV loans and grants during their complete life cycle, from aid approval through disbursement, repayment, deferment, delinquency, and closure.
One of the most important things for student borrowers to understand is their repayment options. We have created easy-to-understand repayment option handouts to help you explain the options to your students.