Certain borrowers may be eligible for a reduced interest rate on their student loans. To qualify, they must enroll in automatic payments through their loan service company before the end of the year.

Borrowers already making automatic payments will automatically receive the reduced rate, as long as their account remains in good standing. If payments are missed or the loan is placed on hold, the reduced rate will be revoked.

Further details on this offer are available, including the duration of the reduced rate and any additional requirements for eligibility.