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Education portal. United States portal. v. t. e. 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.
It also has a loan servicing operation for student loans that it owns and for lenders under contract. Originally a small student loan guarantor with approximately 5,000 student loans a year after its formation, it at one point managed more than $100 billion in total assets and serves nearly four million students through its various programs.
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.
MOHELA services student loans, including: Federal subsidized and unsubsidized Stafford loans; Subsidized and unsubsidized Federal Direct loans; Federal Perkins loans, a need-based student loan; PLUS loans, which are part of the Federal Direct Student Loan Program; Federal GradPLUS loans; Federal student loan consolidation; Number of student ...
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 ...
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 through its app ...
That means those eligible among New Jersey's 1.2 million borrowers can begin the process for receiving up to $20,000 in relief. Here's how to apply: Go to studentaid.gov. In the section on student ...
Have been making federal student loan payments for at least 10 years. Have taken out $12,000 or less for college. There are 7.5 million federal borrowers enrolled in SAVE, with 4.3 million ...
ILLINOIS — Some Illinois borrowers may be among 153,000 eligible for a share of $1.2 billion in student loan debt relief under a plan announced Wednesday by the Education Department.
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 ...