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Student Loan Auto Pay Discount Hits 1%: Sept. 30 Deadline
The student loan auto pay discount gives qualifying Direct Loan borrowers a one-percentage-point reduction through June 30, 2028. Existing qualifying users need no action; others must enroll by September 30, 2026, while private loans remain excluded. By Shailendra Singh Published: August 17, 2026 Key Facts The total auto-pay reduction rose from 0.25 to one percentage…