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Automatic Account Transfers


Are student loan payments causing you frustration?
  • Do you have problems making your payments on time?
  • Do you forget to mail your student loan payment by the due date?
  • Have you sent a payment, then learned there were delays in delivery causing the payment to be late?
  • Does a due date at the first of each month cause trouble with your budget?
  • Do you make a mad dash for the student loan office on the 16th of each month to make the payment before a late charge is assessed?
  • Would you like to make the entire process easier, and save money on envelopes, postage, checks, and gas?
Choosing the Automated Clearinghouse (ACH) payment method may help you.
  • ACH is an automatic process that enables Bank of North Dakota (BND) to deduct your student loan payment from your checking or savings account each month.
  • No more forgetting to mail your payment; no more delays with the delivery; and no more mad dashes to make your payment on time--it will be done automatically!
  • Only with ACH can you choose either the 1st, 9th, 16th, or 23rd of the month to make your payment.
  • With ACH you save money on envelopes, postage, checks, and gas by paying your loan automatically!
How? Student Loans of North Dakota - Bank of North Dakota is your answer!

To apply for the ACH payment method, download the Authorization for Automatic Account Transfers Form. (This form requires Adobe Acrobat Reader to view and print. If you do not have Adobe Acrobat Reader installed or experience problems in downloading the form, please visit the PDF Help Page.)

You can complete the form online, then print and mail to:

Attn: Customer Service
Student Loans of North Dakota
PO Box 5524
Bismarck ND 58506-5524

If you have any other questions, please contact your lender/servicer.

* If you have a loan in deferment or forbearance, contact our office for information specific to your needs.

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