Online Banking for Students
How to go green with your student loans
As a high school or college-aged student, you're probably environmentally conscious in ways that go well beyond your parents' generation. The good news is that you'll now be in an atmosphere that supports that style of life. At most colleges and universities, the faculty, staff and student body are forever vigilant about encouraging green living in a number of ways, from recycling electronic waste to using energy more efficiently.
But did you ever consider that you can even carry that environmental awareness over to your financial life? Here are a couple of ways you can incorporate green principles into that area:
Do your student banking online
Not only will you save lots of paper by forgoing hard copy statements for E-statements and opting into online banking, but you can also earn cash rewards for going green. Through Citizens Bank's Green$ense program, you can earn a dime every time you pay a bill without paper—up to $120 a year.
Sign up for automatic student loan payment deductions
After you've graduated and begin repaying your loans, simply sign up for automatic repayment. This will allow Citizens Bank to electronically deduct your student loan payments from your student bank account. You'll save paper and money, since most banks offer interest rate reductions to customers who use automatic payment plans.
And, if you have a Citizens Bank Student Loan™, you can qualify for a 0.50% interest rate reduction for automating payments from any eligible Citizens Bank account.
Learn more about discounts for signing up for automatic student loan payments
Learn how you can simplify your student loan repayment with convenient student banking accounts and e-statements. If you have questions, call a student loan specialist at 1-800-708-6684, and we'll help walk you through the process.
Additional student loan and college planning resources
- Benefits of Automatic Payment Deduction
- E-Statements and Ease of Repayment
- Students and Identity Theft
- Understanding your Student Loan Statements