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In general, the agency that authorized the aid award is responsible for reporting aid information to NSLDS. Direct Loans are reported by a Direct Loan servicer, Federal Family Education Loan Program loans are reported by their guarantor, Perkins loans are reported by schools (or their agent), and grants are reported by the U.S. Department of ...
A student loan servicer is a company which facilitates different aspects of a loan. The servicing group will typically be responsible for maintaining records on a particular loan, handling loan distribution, and providing requested information to the loan recipient. [88]
Federal Student Aid (FSA), an office of the U.S. Department of Education, is the largest provider of student financial aid in the United States. Federal Student Aid provides student financial assistance in the form of grants, loans, and work-study funds.
It asks borrowers to provide their name, Social Security number, date of birth, phone number, and email. Borrowers won't need to upload any documents or log in with a Federal Student Aid (FSA) ID.
In most cases, your new Citibank student loans servicer will contact you with information about where to send payments and how to manage your student loan account online. If this isn’t the case ...
Initially, a small number of institutions (Barnard, Yale, and Princeton) refused to accept funding under the student loan program established by the act because of the affidavit requirement. [1] By 1962, when the disclaimer affidavit was repealed, the number of schools protesting the clause was 153. [4]
The IRS provides a student loan interest deduction that lets borrowers subtract some of the payments from their taxable income. ... they must list your name and other pertinent information on page ...
SLM Corporation (commonly known as Sallie Mae; originally the Student Loan Marketing Association) is a publicly traded U.S. corporation that provides consumer banking.Its nature has changed dramatically since it was set up in the early 1970s; initially a government entity that serviced federal education loans, it then became private and began offering private student loans.