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  1. The Default Resolution Group is the loan servicer for defaulted federal student loans over 360 days delinquent. Guaranty Agencies If you have a FFEL Program loan that isn’t held by the U.S. Department of Education, it might be held by a guaranty agency .

  2. 7 lis 2023 · If you haven’t made a payment on your federal student loan for at least 270 days (nine months), and you have not entered into an agreement with your lender or servicer to postpone your payments (like deferment or forbearance), you are probably in default.

  3. If you failed to make your payments on your federal student loan and now are in default, don’t let the consequences of default affect your financial future. Find out how to get out of default.

  4. Do you have federal student loans in default? If so, don’t miss out on the Fresh Start program. This temporary program (ending Sept. 30, 2024) allows you to get out of default more easily and more quickly than normal methods. Over 6 million borrowers are eligible as of January 2024.

  5. If your loan is in default or you have a grant overpayment and are not sure what type of loan or grant you have, check your original loan/grant documents or use our National Student Loan Data System.

  6. 11 lip 2024 · Fresh Start initiative, borrowers with eligible defaulted federal student loans can now apply for federal student aid to help them complete their credential or degree and increase their long-term repayment success. Borrowers can apply for federal student grants, loans, or work-study funds through . the Free Application

  7. 28 mar 2024 · Default happens when you fail to make payment on your student loans – typically for 270 days, though the timeline can vary by lender – and can result in wage garnishment, withholding of...

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