We’re Using Steps to enhance Federal Loan Servicing

We’re Using Steps to enhance Federal Loan Servicing

By: Chief Working Officer Mark Brown, Federal Scholar Help

You might be aware that modifications are coming to education loan servicing, and that is true.

But, there’s you don’t need to panic. Your loan servicer won’t be changing this current year.

In reality, well before your loan servicer changes, communicate with you we’ll. We’ll ensure you have actually a lot of advance notice, we’ll explain exactly exactly exactly exactly how your loans will forward be serviced going, and we’ll make sure that your account transfer is really as seamless as you can.

Being a point in fact, we’ve attempted to make most of your experiences with federal pupil aid better. Federal scholar help (FSA) launched the following Gen FSA effort to create the student that is federal experience in to the twenty-first century and enhance the manner in which you — pupils, moms and dads, borrowers, and schools — connect to our programs. Things we’ve done include making the complimentary Application for Federal scholar help (FAFSA®) kind much easier to get into and complete and making it simpler you helpful tools and resources, such as the PSLF Help installment loans in Ohio Tool and Loan Simulator for you to manage your federal student loans by giving.

The items we’re doing are addressing the federal student aid programs to your pain points. A very important factor we’ve heard away from you is the fact that it could be confusing knowing where you can get or whom to necessitate information you are able to trust when it’s needed.

That’s why a huge an element of the work we’re doing for you personally is offering loan servicing a makeover. Continue reading »