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Since FedLoan is no longer in the student loan servicing industry, your loan was likely moved to one of four servicers: MOHELA, Nelnet, Aidvantage or Edfinancial. If your loan was transferred to ...
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 ...
June 14, 2022 at 7:50 AM. 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 ...
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Navient. 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.
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 ...
Maximus Inc. Maximus Inc. is an American government services company, [2] with global operations in countries including the United States, Australia, Canada, and the United Kingdom. [3] The company contracts with government agencies to provide services to manage and administer government-sponsored programs. Maximus provides administration and ...
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