How to find my government student loan servicer?

How to find my government student loan servicer?

If your student loans are through the federal government, you can quickly identify your loan servicer by logging in to your Federal Pupil Help account with your FSA ID. Your account dashboard contains the name of your student loan servicer and other valuable information about your account, including the types of student loans you have, loan balances, and the accrued interest on those loans.

Several other way of discover the government student loan servicer is to call 1-800-433-3243 otherwise TTY step 1-800-730-8913 to the deaf or hard-of-hearing.

Federal student loan servicers

  • Aidvantage – 1-800-722-1300
  • ECSI – 1-866-313-3797
  • FedLoan Maintenance (PHEAA) – 1-800-699-2908
  • Stone County Administration & Resources (GSM&R) – 1-800-719-0708
  • Great Lakes Educational Loan Attributes, Inc. – 1-800-236-4300
  • HESC/Edfinancial – 1-855-337-6884
  • MOHELA – 1-888-866-4352
  • Nelnet – 1-888-486-4722
  • OSLA Upkeep – 1-866-264-9762
  • Standard Quality Class (just for federal student loans into the standard) – 1-800-621-3115 or TTY 1-877-825-9923 for the deaf or hard of hearing

Alter underway to have federal student loan servicers

Maybe you have heard rumblings in the news on the federal pupil mortgage servicing lately. When you look at the , this new Department regarding Studies expanded the upkeep contracts off half dozen mortgage servicers as a consequence of while proclaiming these businesses would-be held to higher criteria afterwards. The brand new half a dozen organizations which have the fresh new government deals are good Lakes, HESC/Edfinancial, MOHELA, Navient, Nelnet, and you may OSLA Repair.

For the region, Navient established it’s now transitioning their student loan portfolio – all of the 5.six mil federal student loan profile – so you’re able to a pals named Maximus. Maximus applied for and you may is supplied a contract in order to solution government figuratively speaking lower than their repair office, Aidvantage. As of , Navient not any longer features college loans.

Stone County (GSM&R) along with transmitted their student loan profile to help you Edfinancial within the . And you will FedLoan Servicing, hence handles every PSLF applications, continues coping with borrowers up to the deal expires. At the same time, FedLoan Maintenance is now animated loan levels so you’re able to Aidvantage (previously Navient-had financing), Edfinancial, MOHELA, and you can Nelnet.

If your education loan servicer was closing off, there are some things you can do to prepare for the changes.

Pay close attention so you can interaction regarding your import. As soon as your student loan account transfers, you really need to found notifications regarding Agency out of Studies and your new and you will old servicers, telling your of one’s changes and you will just what measures you really need to grab next.

Record otherwise print important info out of your current membership, like your commission background and you may loan balance. Since the import is finished, make reference to your facts to ensure your essential financing info is specific. When this occurs, you could potentially address your loan costs into the the fresh servicer.

How can i select my individual education loan servicer?

To obtain your personal education loan servicer, log in to the loan levels or look at the extremely recent education loan declaration.

It is possible to consult a credit report, that ought to checklist your personal loan lenders in addition to their contact details. You could request totally free duplicates of credit history a year out-of the 3 main credit reporting agencies in the AnnualCreditReport. Once you’ve the lenders’ suggestions, get in touch with them to dictate that is upkeep your own college loans.

Precisely what do I really do whenever i select my student loan servicer?

After you pick their education loan servicer, you could establish an internet account and you will connect the lender membership in order to build direct payments from the family savings. You could arranged percentage notice, otherwise, even better, you may be able to get a rate discount once you commit to build automatic payments.

When you yourself have federal student education loans, you might contact your student loan servicer if you wish to sign up for deferment, forbearance, or review the loan forgiveness qualification. The education loan servicer may also help your combine several federal student loans on the an immediate Combination Loan, that can leave you a single monthly payment to keep track away from.

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