Manage My Loans

Manage My Loans gives current College Foundation, Inc. borrowers updated information for managing their loans and tips for helping with repayment.

Save money with automatic draft!

Almost everyone can pay less interest by utilizing Automatic Bank Draft to make on-time payments during repayment. Go to Manage My Loans to manage your loans online. Sign up for automatic draft and you may be eligible to reduce your interest rate by 0.25%.

Difficulty making payments?

If you’re having problems making your monthly payments because of a short-term situation (for example, loss of job), you may qualify for a forbearance.

If you have an NC Assist Student Loan, and you return to school as at least a half-time student, you may be eligible to defer your payments. This deferment has a maximum allowable time period of 36 month.

If you have an EXTRA Education Loan, and your payments are set up under the Standard Repayment Plan and you're in a situation where you anticipate continual problems making your monthly payments under this plan (for example, you've just started working in your chosen career), you may want to consider one of the three alternative repayment plans:

  • Graduated Repayment Plan - You start with a lower monthly payment at the beginning of your repayment period, then gradually increase it over the course of the repayment period.
  • Income-Sensitive Repayment Plan - You make a monthly payment based on a percentage of your monthly gross income. 
  • Extended Repayment Plan - You extend payments for a lengthened repayment term of up to 25 years. (Available only to borrowers who received their first loan on or after October 7, 1998, and have more than $30,000 in outstanding principal and interest.

We are here to help, contact us at 800-722-2838 to discuss your options.

Interest Rate Index Change on Certain EXTRA Education and EXTRA MBA Loans

For the quarter beginning October 1, 2023, part of the way the interest rate is calculated on EXTRA Education Loans first disbursed on/after July 1, 2008 and EXTRA MBA Loans first disbursed on/after July 1, 2009 changed. The benchmark used to calculate the variable interest rate changed from the London Inter-Bank Offered Rate (LIBOR) to the Secured Overnight Financing Rate (SOFR). You do not need to do anything related to this change. We handled the transition for you, just as the entire banking and lending industry has done for all their customers. You can review the FAQ's to learn more about this change.

Do you have Federal Student Loans?

We want to help you prepare for successful student loan repayment. Whether you are returning to repayment for the first time since 2020 or entering repayment for the first time, you can get ready to start making payments on your Federal Student Loans by preparing early. Review the Student Loan Repayment Toolkit for step-by-step information and other helpful resources.

You may also want to review the following information on the Federal Student Aid website.

Watch out for Student Loan Relief Scams

Don’t ever pay for assistance with reducing your student loan debt. Some companies may try and scam you to pay for services that we do for free or promise immediate loan forgiveness. Learn more about protecting yourself at Federal Student Aid and the Federal Trade Commission.