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FedLoan Servicing, one of the nation’s largest federal student loan servicers, ended its contract with the Department of Education in 2021. As a result, millions of student loan borrowers were ...
On February 7, 2018, Nelnet completed its acquisition of Great Lakes Educational Loan Services, Inc. [9] 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. [10]
However, FedLoan stopped servicing federal student loans after December 2022 and the Department of Education then transferred the loans it was servicing to Nelnet, Edfinancial, Aidvantage or MOHELA.
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 ...
The Virginia State Board of Education is an independent board established by the state of Virginia in the United States which helps set state elementary and secondary educational policy, advocates within state government for elementary and secondary education, administers some state educational programs, and regulates the teaching profession in the state.
If you have a lender that manages both federal and private student loans — like Nelnet — you may have to call to see which type of loans you have. Federal vs. private student loans Federal
Around 44% of federal student loan borrowers who begin repayment in October have a new loan service provider, according to the Consumer Financial Protection Bureau, after three loan service ...
The Virginia Department of Education is the state education agency of the Commonwealth of Virginia.It is headquartered in the James Monroe Building in Richmond. [1] The department is headed by the Secretary of Education (currently Aimee Guidera), who is a member of the Virginia Governor's Cabinet, and the Superintendent of Public Instruction (currently Lisa Coons), a position that is also ...