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On February 7, 2018, Nelnet announced that it had completed the acquisition of Great Lakes Educational Loan Services, Inc.. [6] The loan servicing operation is now a fully owned subsidiary of Nelnet, the combined company now servicing 42% of the total federal student loan debt. [10]
As a subsidiary, UNIPAC Service Corporation was then renamed Nelnet Loan Services, Inc. [4] In June 2000, Nelnet acquired In Tuition, Inc., a loan-servicing company based in Jacksonville, Florida, which was founded in 1979. [5] Nelnet became a publicly traded company in 2003, at which point the two founders were co-CEOs. [1]
FedLoan Servicing stopped handling federal student loan accounts on December 14, 2021. ... they can contact the Federal Student Aid Information Center at 800-433-3243 or check their credit reports ...
Longstanding student loan servicer and originator Nelnet Inc. launched its online-only Nelnet Bank in November 2020 to provide student loan refinancing.
Key takeaways. CornerStone was previously one of eight approved federal student loan servicing agencies that provided loans nationwide. Although Cornerstone was contracted to service loans through ...
Pages in category "United States federal student loan servicers" The following 5 pages are in this category, out of 5 total. This list may not reflect recent changes .
The current loan service providers for the Federal Student Aid (FSA) program are: Great Lakes Educational Loan Services, Edfinancial, MOHELA, Aidvantage, Nelnet, OSLA Servicing, ECSI, and the ...
Since 1994, ECMC has operated in the areas of student loan bankruptcy management and loan collection. ECMC is one of a number of guaranty agencies that oversee student loans for the United States Department of Education. As a guarantor working on behalf of the U.S. Department of Education, ECMC charges fees to debtors and earns commissions from ...