Know your loan servicers

You may have both federal and private student loans. For federal loans, visit the National Student Loan Data System to see who your servicers are. You can also request a free report from annualcreditreport.com that lists the student loans reported to consumer reporting agencies. (Most servicers report their loans to these agencies.)

Update your contact information

For Sallie Mae loans, you can update your info by simply clicking the "Log In" button at the top of the page to access your account and make the change.

Enroll in auto debit and you may save money on your loan

Auto debit is the most convenient way to make your student loan payments. When you enroll in auto debit, you can choose to pay the Current Amount Due, which is the amount required to be paid each month until the loan is paid in full, or you can choose to pay more each month, which may help lower your Total Loan Cost. There’s no penalty for paying early or paying extra. Each month, we’ll automatically withdraw your payment from the authorized bank account. If you make an additional payment while enrolled in auto debit, it will not change the amount we withdraw.

By enrolling in auto debit, you can help ensure payments are made on time each month. You may also qualify for a 0.25 percentage point interest rate reduction on your eligible loan(s). You need to be current with your loan payments to enroll.

Submit Payments through the Sallie Mae® Mobile App

Make payments and manage your Sallie Mae student loan from your iPhone® or Android(TM) phone. Learn More

Making on-time payments may help your credit—and may save you money

Making on-time payments on your student loans can help you build and maintain a good credit rating—and save you the extra expense of late fees.

Pay a little extra when you can to lower your Total Loan Cost

This is a great way to save money—paying a little more than your required payments when you can may reduce your Total Loan Cost.

Call if you’re having trouble making payments

We’re committed to working together to get you back on track. Use forbearance only as a last resort; interest will continue to accrue on your private student loans during this period. Don’t wait. Call us at 800-472-5543 (800-4-SALLIE).

Read your billing statement carefully

It lists your monthly student loan payments and balances. Plus, it’s your source for important messages.

Make a monthly budget

It can help you figure out how your student loan payments will fit with your salary and living expenses.

Download a monthly budget worksheet (PDF)

How to lower your loan cost

Learn some tips for lowering your Total Loan Cost and paying your loan off in a shorter time.

Abby discusses how to pay off student loans faster

Borrower or cosigner must enroll in auto debit through Sallie Mae. The rate reduction benefit applies only during active repayment for as long as the Current Amount Due or Designated Amount is successfully withdrawn from the authorized bank account each month, and may therefore be suspended during a forbearance or deferment period. The auto debit rate reduction benefit does not apply to the K-12 loan program. Auto debit is available for all loan programs. However, the auto debit rate reduction benefit is not available for all loan programs.