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.
Borrowers are eligible to receive a 0.25% ACH interest rate reduction for payments made via automatic debit. The ACH Discount will be applied the day that the ACH payment is approved and will remain in effect until the borrower discontinues the ACH payments, is disqualified or the ACH Discount is suspended. The borrower will be disqualified from this benefit if three (3) payments are returned for non-sufficient funds (NSF) within a 12-month 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.
We’re Here for You
Connecting with us is easy for you and your family. Call an INvestEd team member at 317-715-9007 or email us. We’re not a normal business hours team — we’re a service hours team! Also, check our Events Calendar to see if we will be at a location near you.