Step 1: Make sure you have access to your Higher Ponds online account

Government student loan repayment will begin shortly after , if the COVID-19 crisis relief procedures prevent. We wish to help you get prepared, express remedies for faqs, and supply the support you would like to help you reach cost triumph.

Ready to Pay Checklist

Whilst it may seem a bit overwhelming to take into account and then make repayments immediately after for example several years of your energy, delight know that Great Lakes is here now so you’re able to all action of your own means. We need their payment feel become since the effortless you could, so we’ve outlined the following things to do now very you’ll be who is fit to manage the college loans.

For individuals who have not signed inside the recently, give it a go. Or even consider their representative ID, PIN, and you can code, we have tricks for being able to access your account.

Step two: Take your contact info up-to-date

If you’ve went otherwise changed their email otherwise phone number as the , update your contact information on your account. See your Allowed page and pick this new Create Reputation area to help you confirm your own target, current email address, and you may phone number try best. If the label changed, excite call us.

If perhaps you were already within the fees until the COVID-19 payment stop grabbed impression, see your Greeting web page to see brand new Payment Coordinator point to help you score reacquainted along with your past monthly payment number. This will help you plan for the quantity you’ll pay after cost begins.

For people who weren’t for the repayment until the COVID-19 percentage stop took feeling (such as for example, you’re into the a grace several months who has while the finished), the fresh new Cost Planner towards the Greeting page will display screen an estimated amount it is possible to shell out per month because stop stops.

Together with pay attention to very first deadline (which is no prior to when ) so you’re able to to alter their month-to-month budget to begin with and also make beginner loan payments punctually.

Step four: Do so if you can’t pay for your payments

Are you worried if cost initiate, you will possibly not have the ability to control your money? In that case, the time has come to behave. While you’re towards Allowed webpage, see Speak about Cost Solutions. Here, you can start the process of making an application for choice that better meet your requirements.

Step 5: Expect notices regarding you

Higher Lakes and you can Government Beginner Services enjoys delivered, and certainly will always posting, interaction to help enable you to get ready to accept fees. See such observes cautiously, while they keeps essential guidance on what to anticipate.

Because prevent of your payment stop increases nearer, we will give you a billing statement around three weeks ahead of the deadline. For people who prior to now got an expenses spend provider developed with their lender, you may need to put you to back-up once again. Consider “We in earlier times produced monthly payments having fun with a statement pay solution. How do i continue using you to definitely payment strategy when installment begins?” throughout the Frequently asked questions lower than.

At exactly the same time, if perhaps you were before playing with Automobile Pay and work out your monthly payments in advance of , and you haven’t affirmed your own subscription, you’ll be able to still have to establish because of the log in for you personally, looking for Payments, after that in search of Vehicles Shell out.

For individuals who haven’t already, you need to confirm that we need to stay static in Automobile Spend for the costs to get generated using you to means. If you do not choose to stand signed up for Auto Spend, it would be cancelled, you are able to reduce the newest 0.25% avoidance on the rate of interest, and you’ll want to make other payment preparations in the event that COVID-19 payment pause ends. Log in to your account, and you will certainly be motivated to ensure enrollment in Vehicle Pay.