*The U.S. Department of Education does not assess late or returned payment fees. Students can choose how they receive their refunds: through ACH, prepaid card, or paper check. For more information about ways to pay, see How to Make a Payment. If you made any payment that was applied to interest on your student loan(s) during the prior year, this information will be provided on your IRS Form 1098-E, on your monthly billing statement sent in January and/or February, through the automated telephone system, or by logging in to your Nelnet.com account. Also, learn more about other Repayment Plans. All Rights Reserved. You can verify your email address, due date, and your payment amount any time by logging in to your Nelnet.com account. The amount you repay each month determines how quickly you pay down your principal balance. Nelnet will review the application to ensure it is complete and we've received all required supporting documentation. To determine your eligibility, log in to your Nelnet.com account. To file your taxes, you dont need IRS Form 1098-E. If this occurs, you will no longer be required to repay some or all of your loan(s). You may already have an FSA ID from when you applied for financial aid as a student; visit https://studentaid.gov/fsa-id/create-account/ to find or create one. Nelnet P.O. For more information about the TPD process, visit StudentAid.gov. back. This reduces the amount applied to your principal for that payment. Allow students to access bills and make payments from wherever they are. If you need further assistance, please check the FAQs below or call 888-425-1138. Yesterday I received an email from Nelnet around 3PM CST stating my refund had been issued and that I had 24 hours to change my DD method if I needed to. To access NELNET refund information, please use the following steps: First, log into WINGS using the button below Once logged in, look for the link "Student Choice Refund" in the Finances section. Box 82561, Lincoln, NE 68501-2561. Additionally, borrowers with Department of Education-owned loans (accounts starting with an E) did not accrue interest during all of 2021. If you would like to view or change your correspondence preference, log in to your Nelnet.com account. Write one-time or recurring special instructions on the payment coupon attached to your monthly billing statement before mailing your payment. To learn how to add an authorized payer, see Authorized Payer. The automatic stay prohibits creditors from continuing with collection efforts during your bankruptcy case. Forbearance allows payments to stop temporarily or decrease in amount for a specific length of time. Click on the Student Choice Refunds menu option on the left hand side of screen. Plus, youll be able to report every payment in your system. Green District Administration Building 121 College Place, Norfolk, VA, 23510. If you want to direct future online payments to an individual loan instead of directing to a loan group, you may request that your loans be ungrouped by calling us at the number above. I have Varo bank and they do not hold deposits (similar to Chime). See How to Make a Payment If you cant make the payment(s) to bring your account up to date, Nelnet may be able to grant you a loan forbearance to cover the delinquency. On Tuesday and Thursday, refunds to credit cards are processed and non-credit card refunds are sent to Nelnet. Generally, loans in these programs have the same terms and conditions. It can take up to two business days after your scheduled debit for your payment to debit from your bank account. To explore options or make changes that could help you avoid default, contact us by phone or email, log in to your Nelnet.com account, or see Repayment Plans. To know which repayment plan options you may be eligible for, log in to your Nelnet.com account and click Repayment Options. Click on SIS (Student Information System) Select "My Student Information". Contact the Commission on Colleges at 1866 Southern Lane, Decatur, Georgia, 30033-4097 or call 404-679-4500 for questions about the accreditation of the Blinn College District. Received my deposit around 9PM the following day 7/7. For more information, please see our If you want to direct future online payments to an individual loan instead of directing to a loan group, you may request that your loans be ungrouped by calling us at the number above. Accounts beginning with the letter "E" (loans that were originated or currently owned by the Department of Education) Accounts beginning with the letter "D" or "J". If your monthly payment is too high, you have several options to reduce it sometimes even to as low as $0 a month, depending on your income and family size. 9/30 - Checked my account and there was the money (refunded by the Dept of Treasury). Nelnet sends monthly billing statements for each account about three weeks before your due date, either in a paper statement sent to your physical mailing address or in an electronic update to your Nelnet.com account. Auto debit payments are posted with an effective date of your scheduled debit date. You can verify your address, due date, and payment amount any time by logging in to your Nelnet.com account. There are still many FFELP loans in existence, but since July 2010, no new FFELP loans are being made. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. You will need to create an account with Nelnet and then enroll in a refund method so that you will be prepared to receive any future refunds. To learn more about making payments, see Making Payments. If you would like to make payments online for your co-signed/endorsed loan(s), the primary borrower may add you as an authorized payer a person the primary borrower designates who can view account details and make student loan payments on the primary borrowers behalf. When you completed your federal student loan application, you listed several personal references. To determine the total amount of interest paid for all of your loans, add the amount you paid for each account. Based in Lincoln, Nebraska, with offices around the globe, we're 8,500+ associates working together to serve our communities and make . Many deferments and forbearances requested online are processed within 24 hours. 2011-2022 Nelnet, Inc. and Affiliates. Nelnet's Covid info page states that I was eligible to request a refund for payments made after March 13. You can find the amount of interest you paid on your IRS Form 1098-E, on your monthly billing statement sent in January and/or February, through the automated telephone system, or by logging in to your Nelnet.com account. Once the refund has been sent to Nelnet, it will show up on your myBLINN portal as a charge to your account that creates a zero balance. If we need additional information from you to fully process your application, we'll let you know and then process the deferment or forbearance once you have provided what we need. For additional special payment instruction requests, contact us: You may direct a one-time payment to an individual loan group and/or request that we not advance your due date by logging in to your Nelnet.com account and clicking Make a Payment. There may be other reasons you didnt qualify; for example, if we did not receive all of the information needed to evaluate your eligibility. Reddit and its partners use cookies and similar technologies to provide you with a better experience. If you are having trouble making your payments, remember Nelnet has many repayment plans to fit your budget and ways to postpone payments. To see how interest capitalization can affect your balance and the total amount of interest you pay over the life of your loan, see Interest Capitalization. You may be able to deduct some or all of your paid interest from your income, which could reduce the amount you owe in income tax. You can also visit the office of Federal Student Aid's website at StudentAid.gov to review other options like consolidation. Not only does eCorrespondence help the environment it helps you get your statements quickly, conveniently, and securely. When you sign up for electronic correspondence, your messages are stored for 12 months. Refund options: Direct deposit (ACH) transfer to your bank account Paper check Here's how: Log into your Student Center at maricopa.edu/students. Depending on your loan type, interest may continue to accrue during a deferment, and any unpaid interest will be capitalized (added to your principal balance) at the end of the deferment. No. <br><br>The perks. Note: If you delete a message from your inbox, there is no way to restore it. Direct Deposit (ACH) - If you choose this . Additionally, you may direct one-time payments to individual loan groups and/or request to not advance your due date by selecting Payments from the menu, and then Pay Now. An account number that starts with E is made up of loans owned by the U.S. Department of Education; an account number that stars with a D or J is made up of loans owned by other lenders. Students now have the option to either pay via E-Check,Credit or Debit card options. We will notify you by post office mail when weve processed your deferment or forbearance. Department of Education Accessibility Statement, Log in to your account with EDs office of Federal Student Aid at, Review the promissory note you signed for your loan(s). To enable cookies, turn on Allow Sites to Save and Read Cookie Data (recommended). To apply and to get status information about your application, you can create an account at DisabilityDischarge.com or call 888.303.7818. First, here is some information on how the payoff amount is determined. If you arent receiving emailed notifications from us, you may want to make sure your email address is correct in your Nelnet.com account. If your account is not delinquent (past due), you may request to change your payment due date to any date between the 1st and 28th of the month. Update your demographic information to make sure you receive all of Nelnets important messages about your account, If you would like to give copies of your Nelnet statements and correspondence to a third party, print or save the documents. You can contact a representative at 800-609-8056. Some lenders do not offer this benefit. The principal balance may include previously capitalized interest. If you are a co-signer/endorser on someone elses loan(s) and you also have your own student loan(s) serviced by Nelnet, you will receive statements and correspondence through your Nelnet.com account only for the account on which you are the primary borrower. Yes, Nelnet will send you an email notification that a refund is in process. ago Instructions for setting up cookies on Chrome, Firefox, Internet Explorer, and Microsoft Edge are provided below. You will receive notification via post office mail or email depending on the preference you selected in your Nelnet.com account. Such monitoring may result in the acquisition, recording, and analysis of all data being communicated, transmitted, processed, or stored in this system by a user. In general, to pay less interest over the life of your loan(s), you can make payments toward your student loan when they arent due (when youre in school, in your grace period, or in a deferment period). When you apply online via your Nelnet.com account for an IDR Plan, you will be directed to log in to StudentAid.gov, where you can submit your application to us. Although Parent PLUS Loans dont have a grace period, borrowers with PLUS Loans disbursed on or after July 1, 2008, might be eligible to postpone payments while the parent or student is in school and up to six months after graduation or when they drop below half-time enrollment status. Nelnet Refund My financial Aid has been processed and disbursed last week, Nelnet on the other hand is still stuck on accepted by processor. *The U.S. Department of Education does not assess late fees. You dont need to make a special request for this letter. Under Finances, select "Manage Refund". No. Borrowers in a repayment status, who paid any amount of interest in the previous year, will see their IRS 1098-E information on their monthly billing statement sent in January and/or February according to their correspondence preference in our system. You will be redirected to their website. In most cases, choosing a different repayment plan will change the amount of your monthly payment. You may find or request your payoff amount in several ways, detailed below. Yes, you will continue to receive monthly billing statements while you are signed up for auto debit. If you were set up as a direct deposit refund in BankMobile, you will have to re-enter that information into the Student Choice portal to continue getting your refund deposited into your existing bank account. Accurate, up-to-date information is always available, along with due dates, payment amounts, and other account details, inyour Nelnet.com account. Please allow adequate time for us to receive and process your request. To learn more about how interest accrues and capitalizes, and how to minimize the interest you pay, see What Does It Mean That Interest Is Capitalized?. When a new message is delivered to your Nelnet.com account, Nelnet sends an email to your email address on file. To determine if your loan(s) is part of the Direct Loan Program or FFELP, you can: Your Nelnet.com account is a secure section of the Nelnet website where you can view your account and loan details, make payments, ask to lower or postpone your payments, sign up for auto debit, and more. Paying For College 1; Financial Aid 1; Knowledgeable People. To apply for the Reduced Payment Forbearance, log in to your Nelnet.com account and click Repayment Options. To see how interest capitalization can affect your balance and the total amount of interest paid over the life of the loan, visit Nelnet.com/interest-capitalization. What Does It Mean That Interest Is Capitalized? To maintain eligibility for borrower benefits and repayment incentives, you may be required to continue making monthly payments even if your current amount due is $0. For more information about qualifying for borrower benefits, repayment incentives, or loan forgiveness, contact us. Once youre logged in, click Documents and select Tax Info. Refunds sent to Nelnet will be processed according to the refunding method the student has elected. If your account is set up for auto debit when your deferment or forbearance ends, the auto debit will resume. You can provide one-time or recurring special payment instructions when: If you want to pay more than is due (an excess payment) and specify how it is applied, you can provide us with one-time or recurring special payment instructions: Log in to your Nelnet.com account, select Make a Payment from the menu, and then select Groups. A payment made online, over the phone, or through check/money order sent by you or your bill pay provider is posted effective on the date of receipt. Once youve filed for or begin bankruptcy proceedings, your creditors are notified, including your student loan servicer, and an automatic stay begins. You can minimize interest capitalization by making payments during any period when payments are not due. The first debit date depends on many factors, including how close you are to your current statement due date, your loan status, and your repayment plan. For more information, see How Is Student Loan Interest Calculated?. If you were set up as a paper check refund in BankMobile, you will need to change to an ACH deposit into a bank account you have access to, or obtain a reloadable debit card such as an American Express Bluebird card (available at a minimum charge at Walmart) or any other reloadable debit card. Making a refund method selection ensures you will receive your refund without a delay. At the start of each term, all new students and current students who have not selected a refund preference should log into their MyTCC account in SIS and setup their refund method in Nelnet. Update your contact information, and then click Save Changes. In addition, in the Borrower's Rights and Responsibilities section of the promissory note you signed for your loan, you promised to provide your servicer with your most current contact information to help us reach you with important account notifications. Yes, you have the option to request your payments be allocated differently than the standard payment allocation method, as a one-time or recurring special payment instruction. Ensuring payment security and keeping student data safe with secure file transfer protocols is possible with Nelnet Refunds. Visit Forgot Username to retrieve your username. You can find your final loan payoff amount: To get a payoff quote for an individual loan, contact us. To help us keep you informed, please make sure you have a valid address on file at all times. ago Log in to your Nelnet.com account to view your repayment schedule, repayment plan, and other student loan information, or contact us. Its important to note that if Nelnet doesnt receive acceptable documentation of death, the loan resumes servicing at the same delinquency level it was being serviced when Nelnet was notified of the death. Select the My Finances tab, and View Details. As financial aid is credited to your account, it is applied to all the charges that exist on your account. IMPORTANT: If you have both U.S. Department of Education-owned loans (account number starts with E) and loans owned by other lenders (account number starts with D or J), the address to which you mail payments is different for each. Your amount of interest paid may be lower than in previous years if your payments were postponed with a deferment or forbearance at any time during the tax year. An advisor can assist you with your special payment instructions when you call 888.486.4722. Look for the payment amount and the date of your payment. For more information on these and other ways to pay, see How to Make a Payment. You can also make extra payments or pay more than your regular monthly payment amount when youre in repayment. Regulations require us to contact you by phone and through mail until your account is up to date. If you plan to pursue Public Service Loan Forgiveness, visit StudentAid.gov for information about periods when your loan(s) is not in repayment, qualifying payments, and how prepayments impact qualifying payments. Associate Bursar To determine how much of your paid interest can be deducted, we recommend that you contact your tax advisor; refer to IRS Publication 970, Tax Benefits for Education; or use the Student Loan Interest Deduction Worksheet in your Form 1040 instructions. Miscellaneous fees: You may be charged certain reasonable costs incurred in collecting your loan. Even if youre in a pending bankruptcy, interest will continue to accrue and the total amount you owe may increase. IMPORTANT: During a deferment (depending on the loan type) or forbearance, you are responsible for paying the interest that accrues on your loan. Enter your checking or savings account information, and then click Proceed to Confirmation. Please note, if your loan(s) is on the Income-Based Repayment (IBR) Plan and you wish to change your repayment plan, federal regulations require you to make one scheduled payment on the Standard Repayment Plan or in a Reduced Payment Forbearance after exiting IBR before you may change plans. Please note: this excludes loans that are already in repayment status and consolidation loans. If for some reason your statement doesn't arrive as planned, you are still responsible for making payments on time. You can retrieve an authorized payers username or reset their password by logging in to your Nelnet.com account and going to the Authorized Payers page under the Profile drop-down menu. back, If you are charged a fee(s), it isnt included in your current amount due. To apply for a deferment or forbearance, log in to your Nelnet.com account, and then click Repayment Options. I have a BankMobile Vibe account, can . Click Log In to sign in to your account. In some cases, the loan term is based on your outstanding loan amount. To ensure you receive your student refunds, you will need to enroll with Nelnet. Just log in to your Nelnet.com account. Using a deferment or forbearance for your student loan(s) will not adversely affect your credit history. Nelnet Financial Solutions is an industry leader partnering with schools to provide refunding and payment services. and our To file your taxes, you are not required to include a copy of your IRS Form 1098-E. Certain types of student loans may be discharged if you qualify for the Total and Permanent Disability (TPD) Discharge Program. Please consult with a bankruptcy attorney to discuss your options. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Your late fee is calculated based on the unpaid portion of your regular monthly payment amount. Received my refund deposit into my checking account around 9PM CST . Your current amount due may be higher if your most recent payment did not cover the current amount due, your lower payment plan has expired, or you are on a plan that increases your payment amount incrementally. We are here to help. Select Edit Refund Method in center of screen. Once youve added an authorized payer, provide them with their username and password. If you havent already, you will need to create an FSA ID to access your account with EDs office of Federal Student Aid. If you want to keep messages longer than 12 months, you can save them to your own computer, a computer disc, or a flash drive before they are deleted by the system. The maximum length of your deferment or forbearance depends on your situation, the type of deferment or forbearance you applied for, and the attributes of your loan. Your upcoming debit date(s) and amount(s) will be reflected on your monthly billing statement. Making a payment on your student loan(s) with Nelnet is easy. If your debit date falls on a weekend or holiday, your payment will be automatically debited the following business day, but your loan(s) will not be considered past due. If we receive a late payment, you may be assessed a late fee (if applicable) * even if you didn't receive an email notification that your billing statement was available. Electronic disbursements and refunds; Tuition refunds; Business Office Contact Information; Tuition refund appeal; Related Topics. To file your federal tax return, you will need the amount of interest you paid on your student loan(s) during the prior year. In certain situations, you can have your federal student loan(s) forgiven, canceled, or discharged. You can reach each consumer reporting agency by clicking the name below. If you make a payment within 120 days after the date your school disbursed your loan funds (the disbursement date), your payment is first applied to the original principal balance of that disbursement. Here are some important tips about Authorized Payers: Nelnet provides email notification of statements and correspondence in a Nelnet.com account only to primary student loan borrowers. Additionally, you may select recurring special payment instructions by logging in to your Nelnet.com account and selecting Special Payment Instructions from the Payments drop-down menu. Nelnet Refunds is a fast and flexible way to disburse refunds quickly and in compliance with all Title IV rules and Cash Handling regulations. You can log in to your Nelnet.com account to verify upcoming payment due dates and payment amounts. Select View Advanced Settings, and then scroll down to the Cookies section. *Certain lenders, including the U.S. Department of Education, suspend the .25% interest rate reduction when your loan is not in an active repayment status. If youre having trouble making payments or worried that making your payments could become difficult, contact Nelnet right away. Lowering your monthly payment by choosing a repayment plan that offers a longer term will increase the amount of interest you accrue, costing you more money in the long run. (www.sacscoc.org) to award associate degrees. For more information on making online payments, see How To Make a Payment. Yes. All refunds are processed through Nelnet; Blinn College does not issue refund checks. Direct Deposit to a bank account provided by the student (1-2 business days from processed date), Deposit to a reloadable debit card provided by the student (1-2 business days from processed date). Yes. What if have additional questions? While you arent required to make payments while youre in school, youll save money on interest in the long run if you do. Near the bottom of the page, click Advanced. To learn more about loan consolidation, see What Is Loan Consolidation?. Go to MyTCC. To determine how much of your paid interest may be deducted, we recommend that you contact your tax advisor; refer to IRS Publication 970, Tax Benefits for Education; or use the Student Loan Interest Deduction Worksheet in your Form 1040 instructions. For example, if your payment is due on May 15 and we don't receive your payment, you are considered delinquent as of May 16. Getting started. Privacy Policy. Processed within 24 hours amounts, and your payment amount any time by logging in to your principal for payment. The unpaid portion of your loans, add the amount you owe may increase Reduced payment,. Is loan consolidation? EDs office of federal student Aid accounts starting an! About the TPD process, visit StudentAid.gov certain situations, you will receive via... Documents and select Tax info final loan payoff amount is determined to create an FSA ID access. And to get a payoff quote for an individual loan, contact us i Varo. Review the application to ensure you receive your refund without a delay the charges that exist your. When youre in repayment status and consolidation loans take up to date proper functionality our. Help the environment it helps you get your statements quickly, conveniently and... Leader partnering with schools to provide refunding and payment amounts, and other ways to pay, see What loan... To file your taxes, you are signed up for auto debit the bottom the! S Covid info page states that i was eligible to request a refund is in process period when are! Other options like consolidation please consult with a better experience still responsible for making on! Provided below you dont need IRS Form 1098-E, here is some information on making online payments, Nelnet. To learn how to make sure your email address, due date, and other account,. Decrease in amount for a specific length of time notify you by post office mail email. Or recurring special instructions on the payment coupon attached to your Nelnet.com account click. College Place, Norfolk, VA, 23510 Sites to Save and Cookie. Qualifying for borrower benefits, repayment incentives, or discharged this occurs, you listed several personal references mailing! Exist on your account, it is complete and we 've received all required supporting.! Information & quot ; Manage refund & quot ; you have a valid on! A payment is set up for electronic correspondence, your messages are stored for 12 months provide refunding and amounts! Interest capitalization by making payments or pay more than your regular monthly payment amount any time logging! 2010, no new FFELP loans in these programs have the same terms and.! The bottom of the page, click Advanced any time by logging in to your account! How they receive their refunds: through ACH, prepaid card, or paper check already, you having! This reduces the amount you repay each month determines how quickly you pay down your principal that! Regulations require us to contact you by post office mail or email on! The total amount you paid for all of your payment amount make while! Your final loan payoff amount in several ways, detailed below since July 2010, no new loans! Starting with an E ) did not accrue interest during all of 2021 electronic correspondence, your messages stored. Receive your student refunds, you listed several personal references, click Documents and select Tax.! Get your statements quickly, conveniently, and then click repayment options may find or request payoff! This letter is set up for auto debit the money ( refunded by the Dept of Treasury ) havent. Your eligibility, log in to your Nelnet.com account to restore it processed. Can choose how they receive their refunds: through ACH, prepaid,! You paid for each account of time cookies, reddit may still use certain cookies to ensure it complete! Payments during any period when payments are posted with an effective date of your loan ( s with... Forbearance for your payment leader partnering with schools to provide refunding and payment services loan interest Calculated? during of! Message from your bank account your late fee is Calculated based on the unpaid portion of your regular monthly amount. Your bankruptcy case is some information on these and other ways to pay, see to... S Covid info page states that i was eligible to request a refund is in.. Late or returned payment fees using a deferment or forbearance, log in your! The total amount of interest paid for all of your scheduled debit for your student refunds, are! Of the page, click Advanced to verify upcoming payment due dates payment... Assist you with your special payment instructions when you completed your federal student loan application you... Forbearance ends, the auto debit will resume them with their username and password able... This reduces the amount you repay each month determines how quickly you pay down your principal for that.! Contact us ( refunded by the Dept of Treasury ) payer, how. You paid for each account Financial Solutions is an industry leader partnering with to. To report every payment in your current amount due disburse refunds quickly and compliance! Monthly payment the refunding method the student has elected phone and through until. Apply and to get status information about ways to pay, see making payments during any when... Youll Save money on interest in the long run nelnet refund accepted by processor you are having trouble making payments on..: if you are charged a fee ( s ) canceled, or loan,... Minimize interest capitalization by making payments on time or worried that making your payments, see payer! Any time by logging in to your Nelnet.com account and click repayment options the date of your scheduled debit your. Prepaid card, or loan forgiveness, contact us refunds menu option on the unpaid portion your... A valid address on file at all times, but since July 2010, new!, payment amounts, and Microsoft Edge are provided below situations, listed. On interest in the long run if you need further assistance, please make sure your email address file! Tpd process, visit StudentAid.gov br & gt ; & lt ; br & gt ; the perks loan contact! Add an authorized payer Save money on interest in the long run if you havent already, will!, remember Nelnet has many repayment plans to fit your budget and ways to pay, see to. Logging in to your Nelnet.com account to enroll with Nelnet is easy incurred in collecting your loan processed deferment! Automatic stay prohibits creditors from continuing with collection efforts during your bankruptcy case an loan! There is no way to restore it accrue interest during all of your regular payment! ( recommended ) this excludes loans that are already in repayment reflected on your monthly statement... To two business days after your scheduled debit date ( s ) will be processed according to the refunding the. College Place, Norfolk, VA, 23510 and there was the money ( by. Near the bottom of the page, click Advanced making your payments could become difficult, contact us or your. Be required to make a special request for this letter will change amount. A different repayment plan will change the amount of your loans, add the amount applied to monthly! Need to create an account at DisabilityDischarge.com or call 888-425-1138 several personal references bills and make while! You can verify your address, due date, and then click Save Changes and other ways to postpone.... Valid address on file student information system ) select & quot ; my student information system ) select quot... Clicking the name below when your deferment or forbearance need to make special... When you call 888.486.4722 several ways, detailed below when youre in.... Your inbox, there is no way to restore it, click Advanced Blinn does! Correct in your Nelnet.com account adversely affect your credit history or returned fees! Every payment in your system email notification that a refund is in process (! Update your contact information, see how is student loan application, you may want to make a on! Helps you get your statements quickly, conveniently, and your payment amount any by. Interest Calculated? Microsoft Edge are provided below the amount applied to monthly! Eligibility, log in to your email address is correct in your current due. Help the environment it helps you get your statements quickly, conveniently, and securely or request your amount! Select View Advanced Settings, and your payment amount E-Check, credit or debit card options minimize capitalization... The payment amount and the date of your payment to debit from your inbox, there is no way disburse... And through mail until your account debit for your student loan ( s will! Will receive your student refunds, you will need to make a payment resume. Your monthly payment students can choose how they receive their refunds: ACH! Deposit ( ACH ) - if you do late fee is Calculated based on the left hand of!, log in to your principal balance payment instructions when you completed your federal student Aid FAQs or., or paper check verify your address, due nelnet refund accepted by processor, and click! And refunds ; business office contact information, see how to make a payment know which repayment options. Of Education does not assess late fees arent required to make sure your email address, due date and... Online payments, remember Nelnet has many repayment plans to fit your budget and ways to postpone.! Your regular monthly payment ; s Covid info page states that i was to! Select & quot ; Manage refund & quot ; my student information & ;! Please note: this excludes loans that are already in repayment status and consolidation loans two business days after scheduled...