Student Loan Benefits

INvestEd Student Loan Benefits

Repayment Benefit

Earn a 0.25% interest rate reduction by making auto-debit payments when you begin principal and interest repayment.

The 0.25% interest rate reduction will apply once American Education Services begins to automatically deduct payments and will remain in effect as long as automatic payments continue without interruption during the repayment period. The 0.25% interest rate reduction will not lower the monthly payment amount but will instead reduce the interest amount that accrues. The interest rate reduction will be suspended during approved deferment(s) or forbearance(s) or if automatic payments are rejected due to insufficient funds.

Co-signer Release

You may apply to have your co-signer released from their obligation after the first 12 consecutive monthly principal and interest payments are received on time as long as you meet the underwriting and credit criteria at the time the co-signer release is requested.