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CAN LOAN REPAYMENTS BE AUTOMATICALLY DEDUCTED FROM MY CHECKING ACCOUNT?

April 26, 2017automatically checking account deducted loan repayments

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CAN LOAN REPAYMENTS BE AUTOMATICALLY DEDUCTED FROM MY CHECKING ACCOUNT?

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Yes. You may complete the “Authorization Form for Direct Payments (ACH/Debit)” so that payments may be made automatically each month. Your payment will be deducted from your account on the 15th of each month. (In the event that the 15th falls on a weekend, the deduction will occur on the following business day.) Mail your completed form with a voided check to The Scholarship Foundation, 8215 Clayton Rd., St. Louis, MO 63117.