How can I make an extra payment in addition to my monthly balance and direct it towards my principle only in Nelnet? is there a way to automate this process?


Payments are always applied to interest/fees before going to principal for student loans.

If you pay one specific loan, it will target any interest on that specific loan (and remember interest accrues daily) before going to the principal of that loan.


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Ultimate Guide on SAVE Plan - Payment Calculation, Interest, Forgiveness

Under the Saving on a Valuable Education (SAVE) plan, a single borrower who makes less than $15 an hour will not have to make any payments. Borrowers earning above that amount would save mor..
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