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Nelnet was founded in 1996 by Mike Dunlap and Steve Butterfield. [1] In March 2000, Nelnet bought UNIPAC Service Corporation, [3] an existing loan servicing company which was founded in 1978 and based in Denver, Colorado.
It was one of the four largest companies which service United States federal student loans: Great Lakes, Nelnet, Navient, and the Pennsylvania Higher Education Assistance Agency. [2] In 2018, the loan servicing part of the organization was sold to Nelnet.
FedLoan Servicing stopped handling federal student loan accounts on December 14, 2021. ... Nelnet. The transfer was completed in 2023. ... contact the customer service of your current loan servicer.
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 ...
Longstanding student loan servicer and originator Nelnet Inc. launched its online-only Nelnet Bank in November 2020 to provide student loan refinancing. Note that the situation for student loans ...
Navient was chartered in 1972 as a Government-Sponsored Enterprise (GSE) called Student Loan Marketing Association (nicknamed Sallie Mae). [4] [5] The company was created by Congress to support the student loan program established by the Higher Education Act of 1965. [6]
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 ...
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 .