FedLoan Servicing is an initiative of Pennsylvania Higher Education Assistance Agency (PHEAA). Through FedLoan, PHEAA conducts its student loan servicing activities nationally. It was established with an aim to support the U.S. Department of Education’s ability to service student loans owned by the federal government. It was established in 1963. Since then, it has come a long way and has established itself as one of the leading student aid organizations in the United States.
FedLoan Servicing Bill Payment
Sanctioning a loan for your education is not very difficult at FedLoan; neither the bill payment options. You can chose from a variety of methods to pay your FedLoan Servicing bill at myFedloan.org. Here are those bill payment methods.
- By phone
- By mail
- Direct debit
- Pay by smartphone
In this tutorial, we will see and discuss all the payment methods to pay the FedLoan Servicing bill. We will learn how to pay FedLoan servicing online bill payment at myFedloan.org. Other bill payment methods will also be discussed.
FedLoan Servicing Online Bill Pay
Go to myFedloan.org by typing it in your browser. On the home page, in the secondary navigation bar, click “Make a Payment”. You can also click “Account Access” or “Sign In” button to access the login page directly.
Choose “Pay Online”. Enter your user name and password in the corresponding fields and click “Login”. Once you are logged in, go to the bill payment section. Enter amount and choose a payment mode. Enter payment details and submit your FedLoan Servicing bill online.
FedLoan Servicing Phone Bill Pay
First, make sure you have these information ready – your 10 digit customer account number and date of birth. Call the “Pay By Phone” number given at the bottom of the post in company details. Just follow the automated instructions and enter the payment information to submit your payment.
FedLoan Servicing Mail Bill Pay
Refer the loan due date and make sure that there is at least 5 to 7 days to the due date. This will help to avoid late payment charges. Determine the loan amount and write a check or money order for the amount. If you are the borrower, then write down your account number on the check/money order. If you are a co-signor, you must remember to include the borrower’s account number. Mail the payment to the address given below in the company details.