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After the decision, FedLoan accounts were transferred to MOHELA, Edfinancial, Aidvantage and Nelnet. Borrowers can contact the Federal Student Aid Information Center if they need assistance with ...
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 .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 ...
The quickest way to see who is servicing your loan is to log into your account on StudentAid.gov and review the details of your loans. If you have any trouble accessing your accounts, reach out to ...
In 2021, Maximus completed three additional transactions. Maximus and Navient announced the two companies signed a definitive agreement [25] to transfer the loan servicing for 5.6 million U.S. Department of Education-owned student loan accounts through a contract novation, creating a new operating entity, Aidvantage.
e. Student financial aid in the United States is funding that is available exclusively to students attending a post-secondary educational institution in the United States. This funding is used to assist in covering the many costs incurred in the pursuit of post-secondary education. Financial aid is available from federal and state governments ...
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