Being On Time Pays

Pay Electronically
There are three ways to make automatic loan payments with ACPE, through WebPay, Direct Payment, or Payroll Deduction. These payment methods will automatically withdraw loan payments from a bank account or as a payroll deduction from Alaska state employees. This saves you the time and hassle of writing and mailing checks and can reduce the interest rate on eligible loans by 0.25%.

You can also make one-time payments, or schedule recurring payments online by logging into your account through our web site, or you can call us to pay by phone. 

Pay On Time
Paying your loan on time helps you to maintain a good credit rating, and, after 48 consecutive on-time payments, you can reduce your interest rate on eligible loans up to 2%.

Prepay
Paying some or all of the loan before payment is due reduces the balance which means you pay less interest over the life of the loan. There is never a prepayment penalty on Alaskadvantage loans.