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Key takeaways. FedLoan Servicing stopped handling federal student loan accounts on December 14, 2021. After the decision, FedLoan accounts were transferred to MOHELA, Edfinancial, Aidvantage and ...
The new action will take $2 million from Aidvantage, $161,000 from EdFinancial and $13,000 from Nelnet, based on the number of borrowers who faced errors.
Maximus Inc. 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. Maximus provides administration and ...
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.
AAdvantage is the frequent-flyer program of American Airlines. Launched May 1, 1981, it was the second such loyalty program in the world (after the first at Texas International Airlines in 1979) and remains the largest, with more than 115 million members as of April, 2021. [1][2][3] Miles accumulated in the program allow members to redeem ...
Navient. 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.
Original Medicare is government-run, while Medicare Advantage is managed and sold by private insurance companies. Original Medicare and Medicare Advantage (Medicare Part C) are two insurance ...
As of July 2023, the four companies which service the majority of student loans are Aidvantage, EdFinancial Services, MOHELA (Higher Education Loan Authority of the State of Missouri) and Nelnet. [41] ECSI (Educational Computer Systems, Inc.) is the exclusive servicer for the remaining Perkins Loans.