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This platform allows borrowers to manage their student loans, offering services such as viewing loan balances, making payments, accessing loan documents, and setting up repayment plans. Here's what you can typically do on the MyGreatLakes platform.
Key Features of MyGreatLakes:
Loan Information Access: You can view details of all the loans serviced by Great Lakes, including balances, interest rates, and payment history.
Make Payments:MyGreatLakes allows borrowers to make one-time or recurring payments toward their student loans.
Repayment Plans: You can explore and apply for different repayment plans, such as income-driven repayment plans, which may reduce your monthly payments based on your income.
Deferment and Forbearance Options: If you're struggling to make payments, the platform provides information on applying for deferment or forbearance.
Loan Consolidation: You can explore options to consolidate your loans into a Direct Consolidation Loan, which may simplify repayment.
Loan Forgiveness Programs: Borrowers working in public service or other qualifying professions may apply for loan forgiveness through programs like Public Service Loan Forgiveness (PSLF).
Account Notifications: You can set up alerts for payment due dates, status updates, and other important loan-related information.
Explore and apply for different repayment plans, such as income-driven repayment plans, which may reduce your monthly payments based on your income by visiting mygreatlakes-studentloans.com portal.