Credit/Debit Card Payments

Effective May 17, 2019, Texas Higher Education Coordinating Board (THECB) began assessing a non-refundable administrative fee for credit and debit card payments. The administrative fee is 25 cents plus 2.25 percent of the payment amount.

THECB provides Automatic Debit (ACH) as a free and convenient way to electronically deduct your monthly payment from your checking or savings account.  As an incentive, borrowers who enroll in monthly ACH will receive a 0.25 percent interest rate reduction on their student loans for the period that they remain enrolled. To enroll in ACH, log in to your account.