The Department of Education's Office of Federal Student Aid (FSA) is working on making some big changes to
the current federal student loan servicing system.
The Next Gen federal student loan servicing system will bring changes to how federal student loan borrowers make payments.The Department of Education's Office of Federal Student Aid (FSA) is working on making some big changes to
the current federal student loan servicing system.
Not exact matches
Though, if you have
federal student loans and think you might want to pursue Public
Service Loan Forgiveness or need an income - driven plan down the line, sticking with your
current student loans may be best.
If you are a member of the National Guard or other reserve component of the U.S. armed forces (
current or retired) and you are called or ordered to active duty while you are enrolled at least half - time at an eligible school or within six months of having been enrolled at least half - time, you qualify for deferment of repayment on your
federal student loans during the 13 months following the end of your active duty
service, or until you return to school on at least a half - time basis, whichever is earlier.
In the
current system, four companies»
service federal student loans with Navient, which was spun off of Sallie Mae, acting as the biggest.