Our Skip-a-Pay Program provides a way to manage unexpected expenses. Instead of cutting corners to make your monthly Century Federal loan payment, you can skip your payment for a month and use those funds for other needs.
Skip-a-Pay Program Criteria:
- Your loans must be current and in good standing
- You may skip each eligible loan one time per calendar year
- Credit Protection premium charges (if applicable) and interest will continue to accrue during the period to be skipped, which will extend the term of the loan
- All terms and conditions of the loan will remain the same