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Aidvantage (formerly Navient) Nelnet. The transfer was completed in 2023. Borrowers can find information about their current servicer by logging into their National Student Loan Data System (NSLDS ...
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.
Navient transferred to Aidvantage According to the Consumer Financial Protection Bureau, over 17 million accounts have already transitioned, and 13 million more are set to transfer to new servicers.
navient .com. Navient Corporation is an American student loan servicer based in Wilmington, Delaware. Managing nearly $300 billion in student loans for more than 12 million debtors, the company was formed in 2014 by the split of Sallie Mae into two distinct entities: Sallie Mae Bank and Navient. Navient employs 6,000 people at offices across ...
Website. maximus .com. Maximus Inc. is an American government services company, [2] with global operations in countries including the United States, Australia, Canada, and the United Kingdom. [3] The company contracts with government agencies to provide services to manage and administer government-sponsored programs.
In the United States, student loans are a form of financial aid intended to help students access higher education. In 2018, 70 percent of higher education graduates had used loans to cover some or all of their expenses. [1] With notable exceptions, student loans must be repaid, in contrast to other forms of financial aid such as scholarships ...
June 14, 2022 at 4:50 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 ...
EdFinancial Services. EdFinancial Services is a financial company which provides student loans servicing for 15 of the top 100 lenders in the USA, including regional and national banks, secondary markets, state agencies and other student loan providers. It is headquartered in Knoxville, Tennessee .