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Ways to Make Payments

Payment Methods

Are you ready to begin repaying your student loans? Bank of North Dakota wants to make your student loan payment plan easy and convenient. To save money and avoid late payments, try these following options and choose what works for you.

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Payment Methods
Automatic Payment Withdrawal (ACH)
Online Payment
Mail
Pay-by-Phone

Authorize the withdrawal of your student loan payment from your checking or savings account each month.

  • You choose your payment due date: 1st, 9th, 16th, or 23rd of each month.
  • Everything is handled automatically, so you eliminate any late fees.
  • All loans qualify for a .25% interest rate reduction!
  • Continue to make your payments until an approval letter is received.

Sign up for Automatic Payment Withdrawal (ACH). Complete the form, print, sign, and mail it to the address provided, or call 800-472-2166 ext. 5660 and set it up over the phone.

It’s easy to go online and make your monthly payment.

  • Available 24/7. Log into your account 
    to make your payment any time.
  • Allows payments to be credited the same day if completed by 3:00 p.m. CST or to choose a payment transaction date up to seven (7) days in the future.
  • Specify additional principal payment, if any, to all or some of your loans. Exception: this option may be available for Consolidation loans.
  • Allows you to use the checking or savings account of your choice each month.
Note: This is a one-time payment. It does not authorize an Automatic Payment Withdrawal (ACH) each month.

Mail your check or money order to:

Bank of North Dakota
Student Loan Services
PO Box 5536
Bismarck, ND 58506-5536

  • Please include your account number on the check or money order. If you are a cosigner or endorser, include the borrower’s account number.
  • Include your coupon or billing statement with your check or money order.

Simply call to authorize a one-time electronic payment to your account.

  • Payment information must be received prior to 3:00 p.m. CST in order to be processed that same day.
  • Call 800-472-2166 ext. 5660 to make a payment from your checking or savings account.
  • There is currently no fee.