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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 ...
If you borrowed from CornerStone, your loan has been transferred to one of the other loan servicing agencies, which include MOHELA, Aidvantage, Nelnet or Edfinancial.
Do you have federal student loans? You probably have lots of questions right now. President Joe Biden announced a first-of-its-kind federal student loan cancellation plan Aug. 24 that would wipe ...
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.
Federal Student Aid ( FSA ), an office of the U.S. Department of Education, is the largest provider of student financial aid in the United States. Federal Student Aid provides student financial assistance in the form of grants, loans, and work-study funds.
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 student loan industry for ...
Navient was chartered in 1972 as a Government-Sponsored Enterprise (GSE) called Student Loan Marketing Association (nicknamed Sallie Mae). [4] [5] The company was created by Congress to support the student loan program established by the Higher Education Act of 1965. [6] It was created for two reasons: 1) to purchase student loans in the secondary market; and, 2) to securitize pools of student ...
This article will cover the student loan servicer changes, how to find out if you will be working with a new servicer and what to do if you have any issues making payments.
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