Paying Ahead means that your current payment has been satisfied and you have paid at least a portion
of your future bill
There is no maximum limit to the amount you can pay each month. 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 Special Payment Instructions.
For borrowers working toward
Public Service Loan Forgiveness,
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) anniversary 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.
Please keep in mind your Auto Debit 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You may set up or make changes to the additional recurring amount you want withdrawn using Auto
Debit, and whether you want it to pay your account ahead. Login, click Auto Debit and complete the
steps to modify your Auto Debit enrollment.
To target the additional recurring amount submit your request via:
FFELP California State Residents Only: If specific payment application instructions are not received, payment
amounts in excess of the amount due will be applied to the loan with the highest interest rate. If multiple loans share the highest
interest rate, of those loans, the payment amount will be applied to the loan with the highest balance.