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The U.S. Department of Education can be your education loan loan provider

In the event that you received Federal Direct student education loans while going to NYIT. In the event that you received loans through the FFEL Program (through a nearby loan provider or servicer), it’s likely that they’ve or will actually sell your figuratively speaking into the U.S. Department of Education.

Under provisions associated with the Ensuring Continued use of figuratively speaking Act, loan providers have the choice to « PUT » (offer) loans towards the U.S. Department of Education (DOE). Lenders must notify borrowers if their loans have now been offered to your Department of Education.

Lenders That Sold Student Loan Portfolios to your Department of Education

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

You shall manage to verify that your loan has been in love with the National scholar Loan information 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 Aid
  • 800.4. FED. AID (800.433.3243)
  • TTY (for the hearing reduced): 800.730.8913
  • Areas without usage of 800 figures: 319.337.5665

Very Carefully review all communication you will get from the loan provider.

Special Repayment and Deferment Products

  • Cancellation and Deferment Choices For Teachers
  • Nursing Education Loan Repayment System
  • Loan Repayment/Forgiveness Tools for Healthcare and Health Professions
  • Pupils getting federal training loans may get deferments while serving into the Peace Corps; beneath the Domestic Volunteer provider Act; so when a volunteer for the tax-exempt company of demonstrated effectiveness in the area of community solution.