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Auto Pay Saves You 1% on Student Loans | Texas News

Student loan relief just got a major upgrade: sign up for auto pay by September 30 and slash your interest rate by 1% — that’s double the old discount. If you’re already enrolled, you’ll keep this sweet deal through June 2028. The Department of Education is pushing this to help borrowers stay on track, especially after auto pay usage dropped post-pandemic. Two new repayment plans are also launching to simplify things. If you’re not on auto pay, it’s easy to join — just plug in your bank info. But don’t forget: stay enrolled to keep the discount. Plus, other changes are coming, including the…

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