Make a Payment

Launch Servicing offers several options for paying student loans. Each option puts you in control of the timing, amount and method in which you pay your loan.

  • Electronically

    It's easy to make a payment electronically – either by logging in to your account or through your bank or credit union’s online bill pay service.

    Pay Via Your Launch Servicing Account

    Step 1: Log into your account from any mobile device or computer. If you don’t have a Launch Servicing account, you must create your account first.

    Step 2: You have the option to make one-time or set up recurring payments from a checking or savings account. You also have the option to make one-time payments using a debit card. Payments made prior to 6 PM central time will be credited to your loan that day. Payments received after 6 PM central time will be credited the following day. The payment will be viewable on your account the next business day.

    Bill Pay Service
    Contact your financial service provider for directions to set up bill pay. Launch Servicing is the company you will search for within the Payee search feature on the bill pay site. If you can’t find Launch Servicing using search, you will need to enter the following information manually:

    Launch Servicing
    P.O. BOX 91910
    Sioux Falls, SD 57109-1910

    You will need your account and loan number when setting up bill pay. When you enter your account and loan number please separate them with a dash (-).

  • Telephone

    For paying student loans by telephone, simply have your checking account, savings account or a debit card information available and call your student lending specialist at (877) 354-2629, Monday through Friday between the hours of 8 AM and 5 PM central time.

  • Mail

    Keep in mind your payment is credited to your loan on the day Launch Servicing receives it. Please plan for mailing time.

    Step 1: Detach the bottom of your billing statement, or provide your name and account number on the memo line of your check.

    Step 2: Include a check or money order made payable to Launch Servicing and mail to:

    Launch Servicing
    P.O. BOX 91910
    Sioux Falls, SD 57109-1910

    Please don’t send cash in the mail.