About Your Monthly Bill
- Twenty-one days prior to your payment due date, we send billing statements giving you plenty of time to make your payment.
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Sample FedLoan Servicing Billing Statement
Select each "star" icon to learn more about the information on your bill.
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The 10-digit number assigned to you.
Use this number when making any type of payment or when contacting our office via telephone communication or written correspondence.
Total Due by XX/XX/XXXX
Make sure we receive your payment by 5:00 PM on this date so it can be posted to your account on time.
Also, avoid making payments on weekends and holidays because they may not be posted on the date we receive your payment.
The date the government released the loan funds.
We use this date to organize your loans.
This is your loan type.
It is useful if you ever decide to apply for another payment plan because different plans have different loan program requirements.
Shows the amount of interest that has not yet capitalized (been added to your principal balance).
Shows the amount of qualifying payments you have made towards Public Service Loan Forgiveness (PSLF). This field will only appear if you have an approved Employment Certification Form.
Shows the breakdown of your monthly payment for each loan.
The total of this column makes up your monthly payment amount.
Total amount due for this billing cycle.
Shows additional information that will be helpful when reviewing your monthly bill. Reminder, this information can change month to month so make sure you are reviewing this each month!
Total paid since your last statement
The total amount of your last payment.
The value is the sum of the interest, principal, and fees.
As of today, you've paid on your loans
The total amount paid to date on your loans, including amount paid toward interest, principal, and fees.