Great Lakes Loans

Great Lakes Educational Student Loan Services Review

You may have heard of Great Lakes Higher Education Corporation (GLHEC) if you have taken out student loans, multiple loans, or other loans to finance your higher education.

This article provides information on Great Lakes. It also explains how to make loan payments. This article also contains tips to make your Great Lakes experience the best possible.

Great Lakes Student Loans: Legitimacy & Basics

It’s perfectly legal not to be suspicious of student loan recipients suddenly contacted by Great Lakes.

Great Lakes is a primary student loan servicer in America. They currently have student loans in excess of $238 million and work with over 6,000 schools and 1,100 lenders.

Great Lakes is a nonprofit that helps the homeless. Its headquarters are in Madison (Wisconsin). ”

Great Lakes is not a lender. It is not a lender.

Great Lakes’ philanthropy division provides scholarships, grants, and advice for college students.

Monthly Loan Payments (GLHEC)

Student loans to Great Lakes are easy to repay. Borrowers have many payment options.

  • Traditionalists can pay by check or money order.
  • You can also make a payment over the phone by calling a representative during office hours or using the automated system anytime.
  • If you prefer to use a computer, you can also use the Great Lakes website. Some savvy borrowers can also use the mobile app to pay.

Those looking to improve their credit scores and earn rewards through using a credit card for Great Lakes student loan payments will not be disappointed. You will need a debit card or an autopay card to pay your bills.

Autopay is a great idea. Repay online loans direct lenders and receive 0.25 percent off.

Autopay is generally a good idea. If you have multiple loans, this is especially important.

Suppose you have been using autopay for a while and are looking to refresh your knowledge about what you pay. is the best choice.

Autopay can be customized to meet your specific needs. No matter how much money you have or what your income is, you can change the amount of your monthly payment at any time.

Student loan repayment options

Your financial situation will determine which repayment plan is best for you.

Great Lakes does not offer repayment options. Great Lakes ensures that the borrower receives the right amount for the plan.

Great Lakes might offer different repayment options for private student loans.

Federal loans that Great Lakes are repaying will be refunded using. Federal income-based repayment options, such as Revised Pay as You Earn (REPAYE), PAYE (PAYE), Income-Based Remebi (IBR), and Income-Contingent Returns (ICR), will still be available.

You can’t choose an alternative plan. The Standard Repayment Plan for Federal Loans (or ) requires you to make fixed payments over a 10-year loan term.

These are income-based options that you might be able to choose for federal loans serviced by Great Lakes. This page will show which federal loans can be repaid with what repayment options.

  • REPAYE might offer lower monthly payments or loan forgiveness. It will cost 10% of your discretionary income. Each year, the amount you pay is adjusted based on your family income. Any outstanding REPAYE balances are forgiven after 20-25 years. However, income tax may still apply to any amount forgiven.
  • PAYE is similar to REPAYE but is designed for people with high debt levels relative to their income. It will cost 10% of your discretionary income. However, you will not be able to forgive your outstanding debts in the next 20 years. The Standard Repayment Plan will still apply. Therefore, your monthly payments are lower, and interest accrues more.
  • IBR is an option for people who want to lower their monthly payments. It’s usually less than the standard 10-year plan. These payments are 10% to 15% of your discretionary earnings.
  • ICR will help you pay off your loans faster as you earn more. Any unpaid balances will be forgiven in 25 years.

These tips will make Great Lakes borrowing memorable.

  1. Great Lakes offers a variety of online tools to help borrowers select the best repayment option.

It is possible to see how each program could impact your loan(s) and how they might affect interest rates or repayment terms.

  1. Pay your student loans on time: Although it may seem difficult to pay while you are still at school, Great Lakes allows you to start paying while you are still in school.

If you’re not enrolled in school, you won’t be eligible for a subsidized loan. If you are not registered in school, a majority of loans begin accruing interest.

3 Great Lakes Support: Great Lakes customer service can help you if your monthly payment is not being made on time or if it’s time to discuss all of your options with an expert in the field.

The Great Lakes Team can help you understand and decide on federal student loan consolidation and payment options.

Great Lakes offers support via Facebook, Twitter, or email.

Contact information for Great Lakes

Great Lakes offers many support channels, whether you need help paying off a loan or have any questions about your loan.

Telephone: For international/local inquiries, call (800) 236-4300. They are available Monday to Friday, 7:00 AM Central Time – 9:00 PM Central Time.

Email: [email protected], or submit a web form here.

Fax to Send Faxes Locally or Internationally: Call 608-241-608 or 800 355-5208

Mail. If you need to send a payment, the address for correspondence can be found below.

Great Lakes

PO Box 7860

Madison, WI 53707-77860

Social media. Twitter and Facebook are great ways to reach Great Lakes.


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Jason RathmanJason Rathman
Jason Rathman
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Jason writes about all financial topics such as loans, debt solutions, and bankruptcy. He is an expert when it comes to subjects like APR, loan fine print, debt collection laws within the United States. With his in-depth knowledge of all things financial, he is a great asset to Greendayonline.
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Author D Laidler

I am David, economist, originally from Britain, and studied in Germany and Canada. I am now living in the United States. I have a house in Ontario, but I actually never go.  I wrote some books about sovereign debt, and mortgage loans. I am currently retired and dedicate most of my time to fishing. There were many topics in personal finances that have currently changed and other that I have never published before. So now in Business Finance, I found the opportunity to do so. Please let me know in the comments section which are your thoughts. Thank you and have a happy reading.

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