Listed here are loan servicers for federally held loans made through the William D. Ford Federal Direct Loan (Direct Loan) system additionally the Federal Family Education Loan (FFEL) Program.

Loan Servicer Contact

Will ED ever transfer my federally held loans up to a servicer that is different?

Perhaps. In some instances, ED has to move loans in one servicer to a different servicer regarding the federal loan servicer group. ED transfers loans as an element of its efforts to make sure that all borrowers are offered with client solution and payment help. If ED requires to move your federal student education loans from your own assigned servicer to a different servicer, your loans it’s still owned by ED. The “transfer” to some other servicer on ED’s federal loan servicer group merely implies that a fresh servicer will give you the help you will need to completely repay your loans.

Here’s what you need to expect should your loan is utilized in a brand new servicer:

• You might get an email or even a page from your own assigned servicer whenever your loans are utilized in the servicer that is new.
• You’ll get a welcome page through the brand brand new servicer after your loans are put CarisCompanyCOM into the servicer’s system that is new.Continue reading