Loan Billing and Payment
Loan Billing and Payment
The billing and payment processing for your student loan is handled by . You will receive your monthly billing statements in a plain white envelope from them with this return address:
P.O. Box 1238
Wexford, PA 15090
Payments are due on the 10th of each month. Payment options include:
Check
Send your check and payment stub to:
South 糖心视频 State University
Student Loan Collections
Morrill Hall 140, Box 2201
Brookings, SD 57007Automatic Payment through .
If you want to avoid writing a monthly check, you can sign up for electronic funds transfer on a monthly basis or simply for a one-time payment.
Note: If you have signed up for auto direct draft on your loan and your loan goes into a deferment or forbearance, you will need to deactivate your auto direct draft at least six working days in advance. The deactivation is not automatic if you loan status is updated. If you forget to deactivate your auto direct draft, we cannot refund any funds transferred in error.
Consolidation
You can consolidate your loan with your Stafford loans through the federal government. You can or get a paper application.
If you fail to contact us/pay your loan, federal regulations require that your loan be placed with a collection agency when it becomes 120 days past due.
