The Department of Education announced in 2021 that FedLoan Servicing would stop servicing federal loans at the end of its contract. New updates have been released since then that have changed the ...

The Biden administration will stop all student loan forgiveness processing for a critical cohort of borrowers starting next ...

A former employee of Blue Cross NC who blamed FedLoan Servicing’s advice for costing him a chance to have his student loans forgiven has lost his case on appeal. Todd Berman sued the ...

The Pennsylvania Higher Education Assistance Agency (PHEAA) operates FedLoan Servicing, which has been a major contractor for the Department of Education. In particular, FedLoan Servicing is the ...

Three of the eight servicers recently announced that they will soon stop servicing federal direct loans. This includes FedLoan Servicing (PHEAA) and Granite State Management and Resources ...

In 2022, it moved PSLF-eligible accounts from the Pennsylvania Higher Education Assistance Agency’s FedLoan Servicing arm to MOHELA. It didn’t go very smoothly, says Mike Pierce, executive ...

Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or click to take an action on their website.

Pennsylvania Higher Education Assistance, which also operates as FedLoan Servicing, held the role for 12 years until it bowed ...

Aidvantage took over servicing millions of federal student loans which were previously serviced by Naivent. If you were previously repaying your federal student loans with Navient, you should have ...

Oscar Wong/Gett Images A servicing fee is the percentage of each mortgage payment made by a borrower to a mortgage servicer as compensation for keeping a record of payments, collecting ...