Paying Ahead means that your current payment has been satisfied and you have paid at least a portion
of your future bill.
Paying your account ahead of schedule offers many benefits such as:
Each time you satisfy a bill due, we will automatically advance your next payment due date and
your billing statement will indicate a payment is not required for that bill. You may still continue
to make payments to decrease your total interest cost and pay your loan off sooner. You have the option
to select if you want your due date to be advanced on your loans. To request that all payments made
over your monthly payment amount be applied to your current bill and not advance your due date, please
see Submitting Payment Directions .
For borrowers working toward
Public Service Loan Forgiveness
this link will open in a new window
,
please note that additional payments may not apply. For borrowers on an income-driven repayment (IDR)
plan you may pay ahead, however your due date cannot be advanced beyond your annual income-driven
repayment (IDR) renewal date and the required number of monthly payments must be made to be eligible
for forgiveness. Borrowers with $0 payments on an IDR Plan cannot pay ahead to advance their due date.
Auto Pay
Please keep in mind your Auto Pay will continue to withdraw your regular amount due each month plus
any additional recurring amount you have requested. This occurs even if:
-
Your monthly payment amount changes
-
You made a payment since your last due date
-
You made additional payments and are in a "paid ahead" status
You may set up or make changes to the additional recurring amount you want withdrawn using Auto
Pay, and whether you want it to pay your account ahead. Login, click Payments & Billing then Auto Pay, and
complete the steps to modify your Auto Pay enrollment.
To target the additional recurring amount, see
Submitting Payment Directions.