Can I schedule future payments?

Yes. You can schedule your Direct Loan payment(s) up to six months into the future. As with EDA, making an online payment is another way to ensure that your monthly bill is paid on time each month. Your bank account will not be debited until the date you specify. When scheduling future payments, please keep in mind that your monthly payment amount might change in the future due to changes to your account (such as, changes in your loan balance, interest rate, or repayment status). If you receive a notice that your monthly payment amount has changed and you have scheduled online payments for the future, be sure to adjust any scheduled payments you have made to ensure that you are keeping your account current.