The U.S. Department of Education is your education loan lender

In the event that you received Federal Direct figuratively speaking while attending NYIT. They have or will sell your student loans to the U.S. Department of Education if you received loans through the FFEL Program (through a local lender or servicer), chances are.

Under conditions associated with Ensuring Continued use of figuratively speaking Act, loan providers have the choice to “PUT” (offer) loans into the U.S. Department of Education (DOE). Lenders must notify borrowers if their loans were offered into the Department of Education.

Lenders That Sold Student Loan Portfolios to your Department of Education

  • Chase
  • Citibank
  • Edamerica
  • Key Bank
  • Total Degree (THE)
  • Wachovia Education Finance
  • Wells Fargo
  • All Sallie Mae loan providers

You will have the ability to verify that your loan happens to be obsessed about the National scholar Loan Data System.

The Department of Education’s Loan Servicing Center, 8 a. M for more information, contact. – 11 p.m. (EST), Monday – Friday:

  • Site: Federal Scholar Help
  • 800.4. FED. AID (800.433.3243)
  • TTY (for the hearing reduced): 800.730.8913
  • Areas without use of 800 figures: 319.337.5665

Very Very Carefully review all correspondence you get from the loan provider.

Unique Repayment and Deferment Tools

  • Cancellation and Deferment Alternatives For Teachers
  • Nursing Education Loan Repayment System
  • Loan Repayment/Forgiveness Tools for Healthcare and Health Professions
  • Pupils receiving education that is federal may get deferments while serving when you look at the Peace Corps; beneath the Domestic Volunteer provider Act; so that as a volunteer for a tax-exempt company of demonstrated effectiveness in the area of community solution. 続きを読む