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When will my first payment be due? | Repaying Your Loan

Your first payment date will always be at least 25 days and at most 60 days from when you sign your loan agreement unless specified by a deferred repayment plan. Your estimated first payment date is included in your loan agreement and will show on your online loan dashboard 7-10 business days from the day your loan is disbursed. Your loan agreement is included in an automated welcome email we send shortly after you sign.

You'll receive your first statement approximately 3 to 4 weeks after you sign your loan agreement. At that time, your online profile will update to reflect the exact due date and monthly payment amount that is stated on your first statement. If have a new private student loan and you are not enrolled in Auto Pay, you should be able to enroll in Auto Pay directly from your online dashboard by following the directions outlined in this article after your first billing cycle has passed. If you have a student loan refinance and are not enrolled in Auto Pay, feel free to check out this article here.


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