What number do I call for student loans?
For potential students, currently enrolled students, loan borrowers, and families, visit the “Contact Us” page, or contact Federal Student Aid at 1-800-433-3243 or by email at [email protected] to be directed to someone who can help you.
Who owns Fed loan?
PHEAA conducts its student loan servicing operations nationally as FedLoan Servicing and American Education Services (AES). PHEAA operates its digital technology division as Avereo.
Is FedLoan still servicing student loans?
FedLoan is expected to end all federal loan servicing after December 2022. All federal loans in the FedLoan portfolio will be split up and transferred to other servicers including EdFinancial, MOHELA, Aidvantage (formerly Navient) and Nelnet.
Will student loan forbearance be extended again?
Previously, President Donald Trump extended student loan relief twice. That said, there are no plans to extend the student loan payment pause beyond May 1. While it could happen, the White House and the U.S. Department of Education have confirmed multiple times that student loan payments will restart as planned.
Who can I talk to about my student loans?
You should talk to your school’s financial aid office – they will have information about your federal student loan options. Additionally, you can speak with the U.S. Department of Education’s Federal Student Aid Information Center at 1-800-4FED-AID (1-800-433-3243) for information on student loans.
Is FedLoan private or federal?
FedLoan is the only federal loan servicer that handles Public Service Loan Forgiveness (PSLF) applications, which provide student loan forgiveness, and the processing of employment certification forms. Once your PSLF application is processed, your loans will be automatically transferred to FedLoan.
Who is FedLoan transferring to?
The U.S. Department of Education (ED) has transferred the customer service of your federal student loan account from FedLoan Servicing to MOHELA, another member of ED’s federal loan servicer team.
Did FedLoan forgive student loans?
FedLoan is ending its contract with the Department of Education, but it is still processing Public Service Loan Forgiveness applications through 2022. Borrowers will keep their eligibility for forgiveness programs when their account switches to a new loan servicer.
Will student loans be taken out of 2021 taxes?
The bottom line The student loan tax offset has been suspended through Nov. 1, 2022. If you have federal student loans in default, your 2021 tax return won’t be taken to offset your defaulted loan balance if you file your 2021 tax return by the filing deadline.
Can my student loans be forgiven after 20 years?
Any outstanding balance on your loan will be forgiven if you haven’t repaid your loan in full after 20 years or 25 years, depending on when you received your first loans. You may have to pay income tax on any amount that is forgiven.