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The student loan forgiveness application officially opened on Monday at studentaid.gov/debt-relief/application, powered by the Education Department (ED). This is the only site where...
According to the Education Data Initiative, 43.2 million Americans currently have federal student loan debt, with the average federal student loan debt balance sitting at $37,088.
You can see who services your student loans by checking your credit reports or logging into your Federal Student Aid account. Pay Aspire loans by check, set up automatic withdrawal...
Federal Direct Student Loan Program. 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 National Student Loan Data System (NSLDS) is the U.S. Department of Education’s (ED) central database for Federal Student Aid. NSLDS receives data from schools, guaranty agencies, the Direct Loan program , and other ED programs.
US student loan servicers include Navient, FedLoan Servicing (PHEAA), MOHELA, HESC/EdFinancial, Granite State - GSMR, OSLA Servicing, and Debt Management and Collections System. In recent years, some student loan servicers have gone under legal scrutiny for alleged wrongdoing.
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.
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 ...
If you had a student loan with Conduent, check your credit history or log in to your account on the Federal Student Aid website to see who your new provider is.
AES was created to guarantee and service a variety of Federal Family Education Loan Program (FFELP) and private student loan products for lending partners nationwide. PHEAA exited the FedLoan Servicing Market in December 2022.