How do I get the lowest student loan payments available today?
Make your required number of scheduled payments (within the first 15 days of the due date each month) on your new consolidation loan, and we’ll automatically reduce your interest rate by one full percentage point and leave it there as long as you continue to make on-time payments. Pay electronically (direct debit payments from your checking or savings account) and you can reduce your interest rate by an additional .25 of a percentage point, as long as you continue to make your payments electronically. When you qualify for both benefits, you can reduce your interest rate by 1.25% and save hundreds, even thousands of dollars on your total loan costs.
