The nonprofit graduate loan specialist

Student Loan Repayment

Payment Incentives

 
 
Federal Stafford Loan Payment Incentives
   
Auto-debit incentive – Lower your interest rate by an additional 0.25%

If you authorize Access Group or your loan servicer to automatically withdraw monthly loan payments from your checking or savings account, you will receive a 0.25% per annum reduction on your interest rate.

This interest rate reduction will permanently terminate the first time you have insufficient funds in your account to cover the payment debited. If you change banks or enter any type of forbearance, the interest rate reduction will be temporarily suspended until you re-establish automatic payments.

Note: To activate this interest rate reduction the first time or following any such suspension, you must contact your loan servicer and submit a completed enrollment form.

Federal PLUS Loan Payment Incentives
   
Auto-debit incentive – Lower your interest rate by an additional 0.25%

If you authorize Access Group or your loan servicer to automatically withdraw monthly loan payments from your checking or savings account, you will receive a 0.25% per annum reduction on your interest rate.

This interest rate reduction will permanently terminate the first time you have insufficient funds in your account to cover the payment debited. If you change banks or enter any type of forbearance, the interest rate reduction will be temporarily suspended until you re-establish automatic payments.

Note: To activate this interest rate reduction the first time or following any such suspension, you must contact your loan servicer and submit a completed enrollment form.

The terms and conditions of all student loan payment incentives are subject to change.

 
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