Skip-A-Pay

No loan payment this month? No worries.
  • Skip up to two loan payments per year
  • Low fee of $25 per skipped payment
  • Part of your fee goes to charity

Sometimes money can be tight. So we've loosened our rules.

We don't always earn the same amount every month, or have the exact same expenses. When your income is running a little low or your costs a little high, you can make ends meet by skipping one of your Andrews Federal loan payments a couple times a year.

You come out way ahead. So do worthy charities.

Why skip a loan payment? To treat yourself to a mini-vacation, pay for a family celebration, catch up on bills, or pay down other debt. What's it cost to do it? Just a small fee of $25. Not only will you end up with extra money in your pocket, but $5 of the fee will be donated to a local charity. Talk about a win-win situation.

See if you qualify to skip a loan payment:

  • Log into Online Banking
  • Click the “Options and Extras”
  • Next to "Skip-A-Loan Payment", click Continue

Here are some rules you should be aware of:

  1. You must make at least six months of payments before your loan becomes eligible. 
  2. Interest will continue to accrue on your loan.
  3. Only two payments per year may be skipped. And there must be six months between each skip.
  4. No more than six payments may be skipped over the life of a loan.
  5. Some auto loans may have additional restrictions based on your loan contract and optional GAP coverage.  
  6. Mortgage loans, home equity loans, lines of credit, cash-to-go and credit cards are not eligible.
  7. Members with a charge-off share or loan, negative share balance, delinquent loan, or are currently in Bankruptcy status are not eligible.
  8. Loan payments currently due or paid ahead more than a month are not eligible.