WebMay 22, 2024 · The Department of Education said it will hand over the work of servicing federal student loans to one company — from the current roster of nine — in what it says is a money-saving move, triggering concern and criticism from student loan advocates who fear customer service would get worse. WebAug 4, 2024 · Nelnet and Great Lakes Have Been Servicing Loans Since 2009 The Department of Education currently contracts with 11 companies to service federal student loans, with Nelnet and Great Lakes among them. The two companies service nearly 13 million customers with loans totaling $428.7 billion. So no, you are not alone in this!
Contact Your Federal Student Loan Servicer
WebNov 17, 2024 · Other Federal Student Loan Servicers The Department of Education has agreed to a two-year extension of servicing contracts with several of its other federal student loan servicing contractors... WebSep 23, 2013 · As shown above, Great Lakes performs the best overall when it comes to borrower and school satisfaction, but the worst when it comes to loan performance. Sallie Mae ranks the worst in borrower, school, and federal personnel satisfaction. Nelnet scores the best on loan performance, but sits in the middle of the pack on the satisfaction surveys. damian earley inventor
Great Lakes/FedLoan/Mohela debacle : r/PSLF - Reddit
WebSallie May, Nelnet, Great Lakes, or FedLoan Servicing (PHEAA) Great Lakes has been good to me so far. But Nelnet looks alright. I got positive feedback from a former employee at Nelnet. comments sorted by Best Top New Controversial Q&A Add a Comment . WebGreat Lakes FCU – Discover your worth. Auto Loans as low as 2.99%. Mortgages Low Rates. Credit Cards as low as 12.60%. Recreational Loans as low as 4.75%. New Birch … WebGreat Lakes, FedLoan Servicing, Navient, and Nelnet are student loan servicers. They’re the connection between you and the lender. For federal student loans, the interest is … bird mugs coffee