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The Higher Education Relief Opportunities For Students (HEROES) Act (Pub. L. 108–76 (text)) was legislation passed unanimously by the United States Congress and signed into law by President George W. Bush on January 16, 2002. It was extended and amended in 2003, extended in 2005, and made permanent in 2007.
The Higher Education Student Assistance Authority (HESAA) is a New Jersey State chartered-loan program, charged with providing student loan financing programs. [1] It has received criticism in the New York Times for what the paper called its "extraordinarily stringent rules".
As a guarantor working on behalf of the U.S. Department of Education, ECMC charges fees to debtors and earns commissions from taxpayers by collecting on defaulted student loans pursuant to the Higher Education Act. In return, the U.S. government has retrieved billions of dollars from student loan debtors. [1]
CornerStone Education Loan Services was managed by the Utah Higher Education Assistance and was previously one of eight approved federal student loan servicing agencies. Due to financial loss ...
Great Lakes Higher Education Corporation was one of the largest student loan providers and guarantors in the United States. [1] Headquartered in Madison, Wisconsin , the corporation is non-profit . It was one of the four largest companies which service United States federal student loans: Great Lakes , Nelnet , Navient , and the Pennsylvania ...
Conduent Education Services, formerly ACS Education Services, was a company that serviced private, campus-based and federal student loans. It closed on Sept. 1, 2019, and transferred its loans to ...
An education loan is a loan taken out by the student (or parent) to pay for educational expenses. Unlike scholarships and grants, this money must be repaid with interest. Educational loan options include federal student loans, federal parent loans, private loans, and consolidation loans.
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.
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