Lender ID 831312

For Schools

Discover® Financial Services has been known for years for award-winning customer service, industry-leading rewards, and commitment to helping our customers make financial progress. These strengths extend across everything we do—including Discover® Student Loans.


Help us give students and their families a new and rewarding choice

If your school is not already set up for automated processing on our system, please call us at 1-877-728-3030 Monday through Friday, 8am to 6pm Eastern Time.

We will walk you through the full variety of options available to support your school’s processing preferences.


Our approach

Improve access to affordable loans

  • Federal Stafford Loans and Federal PLUS Loans
  • Certified Private Loans with zero fees and 2% Graduation Reward

Offer industry-leading rewards

  • 0.25% repayment interest rate reduction when payments are set up for automatic debit from a bank account
  • 2% cash reward on the outstanding principal balance of private loans at graduation

Encourage responsible borrowing

  • School certification to control loan amounts
  • School disbursement to control how funds are used

If you are a school user, please contact Discover Customer Service at 1-877-728-3030 and an ID and password will be created for you to enable you to access all of your Discover student borrowers.