Problems With Check Payments
When paying your student loan bill with a check, it is very important that you print the amount as clearly as possible. Our check-processing equipment reads this numeric amount to ensure prompt handling of your payment.
The proper format for the numeric amount on your check looks like this:
Proper format for the amount
Some methods normally considered acceptable can often be confusing to our check-processing equipment.
Avoid these mistakes:
Use of X's rather than zeros
No decimal and cents provided
Use of dollar signs
Slashes through numbers
Use of fractions for the cents portion