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  2. FedLoan is no longer handling federal student loans: Here’s ...

    www.aol.com/finance/fedloan-no-longer-handling...

    FedLoan Servicing stopped handling federal student loan accounts on December 14, 2021. After the decision, FedLoan accounts were transferred to MOHELA, Edfinancial, Aidvantage and Nelnet.

  3. Nelnet - Wikipedia

    en.wikipedia.org/wiki/Nelnet

    On February 7, 2018, Nelnet completed its acquisition of Great Lakes Educational Loan Services, Inc. [8] The combined company is the largest servicer of student loans in the United States, with $397 billion in loans, or around 42% of all student loans in the United States. [9]

  4. Nelnet Bank Student Loan Refinancing Review: Familiar ... - AOL

    www.aol.com/finance/nelnet-bank-student-loan...

    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 ...

  5. Student loans: New loan servicers may complicate payment ...

    www.aol.com/finance/student-loans-loan-servicers...

    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 ...

  6. Great Lakes Higher Education Corporation - Wikipedia

    en.wikipedia.org/wiki/Great_Lakes_Higher...

    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]

  7. Income-driven repayment - Wikipedia

    en.wikipedia.org/wiki/Income-driven_repayment

    A borrower is a "new borrower" if, when receiving a federal student loan on or after October 1, 2007, the borrower did not have an outstanding balance on another federal student loan. [2] The Revised Pay As You Earn Plan is available to all Direct Loan borrowers regardless of when the money was borrowed.

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