Based on feedback from borrowers like you, we have updated your monthly statement!



Account Number

The primary identifier for ownership of an account at the borrower level. It is a reference for all the loans associated with that customer.

Amount Applied to Fees

The amount applied to fees since your last statement.

Amount Applied to Interest

The amount applied to accrued interest since your last statement.

Amount Applied to Principal

The amount of principal that was satisfied since your last statement.

Amount Paid

The total amount paid on your loan(s) since your last statement.

Amount Past Due

The remainder of monthly payment amounts from previous Billing Cycles that have not been satisfied by the customer (this does not include fees).

Bill Type

The type of bill that you will receive each month.

Current Balance

The amount of debt still owed on an account, not including accrued interest.

Date Received

The date we received your most recent payment.

Due Date

The date when your next payment is due.

Effective Date

The date the most recent payment was credited to the account within the last billing period.

First Disbursed

The date when the Approved Loan Amount was paid to the borrower or school.

Interest Rate

The percentage of your principal balance charged per day.

Monthly Installment Amount

The amount required each month to repay the loan according to the repayment schedule.

Original Principal

The original approved loan amount.

Total Amount Due

The Monthly Payment Amount or the remainder of the Monthly Payment Amount if an overpayment was received in a previous Billing Cycle.

Total Amount Paid

The total amount paid on your loan(s) since your last statement.

Total Interest Paid

The amount of accrued interest that was satisfied since your last statement.

Total Principal Balance

The amount of debt still owed on an account, not including accrued interest.

Total Principal Paid

The amount of principal that was satisfied since your last statement.

Total Un-Capitalized Interest Accrued

Overall interest that has accrued that has not yet been satisfied by the customer. This interest has not been capitalized.