Great Lakes does not create student loans but partners with the U.S. Department of Education and other loan providers to help students attain educational goals and repay loans properly through appropriate repayment solutions, explains the nonprofit organization. If you have a student loan that Great Lakes services or guarantees, register for an account by clicking Sign Up at the upper-right corner of the website. After signing up, select Auto Pay if you prefer automatic withdrawals to avoid missing a payment.
Signing up for an account on the Great Lakes website lets you conveniently access your student loan information at any time, according to the organization. You can view a summary of your loans and check further details, such as your current balance, any tax deductible interest and accrued interest.
Great Lakes' website also features Things to Do Now, which offers personalized recommendations about the most important things a student loan borrower should do, states the organization. The site also provides useful tools that allow borrowers to compare their payment options, such as reducing the payment amount of a federal student loan or postponing payments.
The Knowledge Center shares valuable information about repaying student loans and making wise choices for students who are managing loans while in school or the parents of student borrowers, notes Great Lakes. Account users can also download Great Lakes' mobile app to receive payment notifications.