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Dept Of Education Fedloan Servicing |
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Re: Dept Of Education Fedloan Servicing
FedLoan Servicing was established to support the U.S. Department of Education's ability to service student loans owned by the federal government. It is one of a limited number of organizations approved by the Department of Education to service loans owned by the federal government Fedloan servicing: The Pennsylvania Higher Education Assistance Agency (PHEAA) conducts its student loan servicing operations as FedLoan Servicing for federally-owned loans and as American Education Services (AES) for non-federal assets. PHEAA created the FedLoan Servicing unit for servicing loans under its federal contract for three specific reasons: To reduce borrower confusion To allocate staff who can focus on servicing new Direct Loans To provide clarity to schools Eligibility Requirements for PSLF To be eligible, you must work full-time for a qualifying employer Have Eligible Loan Types Direct Subsidized Loans Direct Unsubsidized Loans (including TEACH Grants that were converted to Direct Unsubsidized Loans) Direct PLUS Loans for graduate or professional students Direct Consolidation Loans (including Special Direct Consolidation Loans) Contact: Toll-Free 1-800-699-2908 Monday through Friday 8:00 AM to 9:00 PM (ET). |
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