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2. FedLoan is no longer handling federal student loans: Here’s ...

   www.aol.com/finance/fedloan-no-longer-handling...

   FedLoan Servicing stopped handling federal student loan accounts on December 14, 2021. After the decision, FedLoan accounts were transferred to MOHELA, Edfinancial, Aidvantage and Nelnet.

3. What to know if CornerStone was your student loan servicer - AOL

   www.aol.com/finance/know-cornerstone-student...

   However, FedLoan stopped servicing federal student loans after December 2022 and the Department of Education then transferred the loans it was servicing to Nelnet, Edfinancial, Aidvantage or MOHELA.

4. What Is EdFinancial Services and How Does It Work? - AOL

   www.aol.com/finance/edfinancial-services-does...

   June 14, 2022 at 7:50 AM. EdFinancial is a federal student loan servicer that works with the U.S. Department of Education to manage and process federal student loans. EdFinancial has been in the ...

5. Federal Direct Student Loan Program - Wikipedia

   en.wikipedia.org/wiki/Federal_Direct_Student...

   The William D. Ford Federal Direct Loan Program (also called FDLP, FDSLP, and Direct Loan Program) provides "low-interest loans for students and parents to help pay for the cost of a student's education after high school. The lender is the U.S. Department of Education ... rather than a bank or other financial institution." [1]

6. Student loan - Wikipedia

   en.wikipedia.org/wiki/Student_loan

   A student loan is a type of loan designed to help students pay for post-secondary education and the associated fees, such as tuition, books and supplies, and living expenses. It may differ from other types of loans in the fact that the interest rate may be substantially lower and the repayment schedule may be deferred while the student is still ...

7. Maximus Inc. - Wikipedia

   en.wikipedia.org/wiki/Maximus_Inc.

   The Federal Student Aid (FSA) director Richard Cordray approved the agreement in October 2021, which impacted 5.6 million student loan borrowers. Maximus created a new federal loan servicing unit, known as Aidvantage, and said in a statement, “This is a defining moment for student borrowers…it is imperative we get it right.”

8. Student Loan Forgiveness FAQs: Everything You Need to Know - AOL

   www.aol.com/student-loan-forgiveness-faqs...

   President Joe Biden announced a first-of-its-kind federal student loan cancellation plan Aug. 24 that would wipe out up to $20,000 worth of federal student loans for millions of Americans. The ...

9. Biden withholds $2M from student loan servicers after ...

   www.aol.com/news/biden-administration-cuts-pay...

   The Biden administration is docking more than $2 million in payments to student loan servicers that failed to send billing statements on time after the end of a coronavirus pandemic payment freeze.