The first Student Loan Contribution you will receive is determined by your enrollment date:
- If you have enrolled BEFORE the 10th of the month, you will receive the first contribution in the following month.
- If you enrolled AFTER the 10th of the month you will receive your first contribution after the following month.
Note: Not all employers make contributions on a monthly basis, some may be quarterly or annually. Quarterly and annual payout dates will depend on your employer. Contributions may take 7-10 business days to be applied by your student loan servicer.