Important Announcements

Starting on July 1, 2026, the interest rate reduction for borrowers enrolled in Auto Pay will go from 0.25% to 1%. This reduction is a temporary benefit available through June 30, 2028. Learn more and enroll by 11:59 p.m. ET on Sept. 30, 2026.

On March 10, 2026, a court order ended the Saving on a Valuable Education (SAVE) Plan. If you are enrolled in the SAVE plan we will notify you between July 1st and August 15th, and you will have 90 days from the date the notification is sent to choose a different repayment plan. For more information, visit StudentAid.gov/courtactions or visit StudentAid.gov/repayment-calculator to explore and apply for other repayment plans.

On Oct. 30, 2025, the U.S. Department of Education published final Public Service Loan Forgiveness (PSLF) program regulations that will be effective on July 1, 2026. We’ll provide updates when the regulations are implemented. For now, there are no impacts to borrowers, payment counts, or discharges. Visit StudentAid.gov/publicservice for more information about PSLF and current program requirements. For more information about employer eligibility, visit StudentAid.gov/pslf/employer-search. To apply for PSLF, use the PSLF Help Tool at StudentAid.gov/pslf

Edfinancial Updates

Independence Day Holiday Closing: Our offices will be closed on Friday, July 3rd, in observance of Independence Day. Please note this may result in a higher-than-average call volume following the holiday. We apologize for any inconvenience. You can access your account information 24 hours a day by logging into your online account

Electronic Correspondence and Auto Pay

Step 1: Log into your online account

Once logged into  your online account, you can view a summary of your student loan information, update your contact information or repayment plan, apply for a forbearance or deferment, or make payments from your checking or savings account.

 Your Online Account

Step 2: Sign Up for Electronic Correspondence

Click on “Account Profile”, then select “Email Permissions”. Be sure to confirm that the email that is listed in your Account Profile is still the best email to contact you.

Once you read and agree to the Terms and Conditions, you will begin receiving your correspondence electronically! We will send courtesy emails to the email address on file for your account to alert you when there are new statements and correspondence available under the “Inbox/Upload” section in your online account. You will have the ability to retrieve an electronic copy of a billing statement, tax document, or other correspondence from your secure inbox for up to 12 months.

While on e-Correspondence you will still have the option to request a paper copy of any electronic correspondence sent to your borrower portal. You can contact us at Edfinancial.StudentAid.gov/Contact to make this request.

Step 3: Enroll in Auto Pay

Click on “Auto Pay”. The default payment amount that will be filled in equals the minimum monthly payment amount for each loan. If you would like to pay more on any specific loan, you may adjust any of the loan values. With Auto Pay, your student loan payments are automatically debited from your checking or savings account each month. Auto Pay may also reduce your interest rate by 0.25%!

Note

Borrowers whose Federal Direct Loans originated on or after July 1st, 2012, who are on or apply for Auto Pay by 9/30/2026 will receive a temporary 1% interest rate reduction until 6/30/2028.

Need help?

We Are Here For You

Representatives are available Monday 8:00 a.m. – 9:00 p.m., Tuesday – Wednesday 8:00 a.m. – 8:00 p.m, Thursday – Friday 8:00 a.m. – 6:00 p.m. Eastern Time