If you want to earn a 0.25% interest rate discount, enroll in autopay! Autopay will automatically debit your loan payment each month. When you enroll, we’ll give you a 0.25% deduction on your interest rate for as long as you remain enrolled.
Your discount will remain if you make on-time payments via autopay. An invalid payment, hardship (i.e., forbearance) request, or entering into a modified payment plan may reset your discount, so you may need to enroll again to earn your interest rate discount.