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If the U.S. Department of Education transfers one or more of your federally owned student loans to a new servicer, you probably have some questions. Read on to learn about why these transfers happen, what the process looks like, and what to do next.
The U.S. Department of Education (ED) has transferred the customer service of your federal student loan account from your current federal student loan servicer to MOHELA, another member of ED’s federal loan servicer team.
3 wrz 2021 · Many federal student loan borrowers will have their loans transferred to a new servicer. If your loans are currently being serviced by FedLoan Servicing or Granite State, this article can help you prepare for the transition to a new servicer.
The U.S. Department of Education (ED) has transferred the customer service of your federal student loan account from your current federal student loan servicer to MOHELA, another member of ED’s federal loan servicer team.
3 cze 2022 · Beginning early this summer 2022, Federal Student Aid (FSA) will start transitioning the Public Service Loan Forgiveness (PSLF) Program, borrowers, and their loans from FedLoan Servicing to MOHELA. This change is required because FedLoan Servicing announced it will stop servicing federal student loans when its contract ends.
4 kwi 2024 · 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.
17 cze 2022 · FedLoan Servicing will transfer all federal student loans to new servicers in 2022. See if you're affected and what to do.