Understanding Your Bill

These samples provide an overview of the information that will appear on your bill, so you will know exactly what your payment amount is.

• Monthly Install Bill Sample
  You owe payments for principal and interest. A payment is required. Monthly bills are set approximately 20-25 days prior to your payment due date.*
• How to Read Your Bill
  An overview of how to read your bill, including definitions and other pertinent information, to help your understanding of communications related to your student loan(s).
• Interest Bill Sample
  Pay the outstanding interest amount to avoid interest capitalization. Interest bills are sent 30 days prior to borrower entering repayment.
• Interest Notice Sample
  No action is needed, but the outstanding interest will capitalize if not paid.

* Signed up for Auto Debit? If so, you may not receive a monthly bill.