How do I know who owns my student loans?

To find out who your loan servicer is,

visit your account dashboard, find the “My Aid” section, and select “View loan servicer details,” or.
call the Federal Student Aid Information Center (FSAIC) at 1-800-433-3243.

Is financial aid information confidential?

All the information provided (your Social Security number, your driver’s license number, the names and addresses of references, etc.) is protected, once it is submitted. Your FAFSA data is protected by encryption.

Can student loans go to collections?

If your student loans end up in collections, it’s because you’ve defaulted on them. Federal student loans go into default if you haven’t made payments on your loans for 270 days. Rules for private student loans vary, but they can go into default even sooner.

How do I know if my student loan is owned by Ed?

An Easy Way to Identify ED-HELD Loans Login to StudentAid.gov. Click on “view details”, then look for “Loan Breakdown” on the Aid Summary page to see a list of your federal student loans. If the servicer name begins with “DEPT OF ED”, the loan is owned by the U.S. Department of Education.

How do I know if my student loan is federal or private?

The best way of determining whether loans are federal or private is to log in to the National Student Loan Database, at www.nslds.ed.gov. The Department of Ed. makes it clear that only individual borrowers are allowed to log into this site, not third party companies or financial advisors.

Who has access to fafsa information?

Federal privacy laws protect the information in the NSLDS database. The only people who can access the NSLDS database are those individuals that need the information to calculate your aid eligibility, or to resolve questions about your loans or grants on a need-to-know basis.

How long are fafsa records kept?

three years
A school is required to keep records relating to the school’s administration of a campus- based program or the Federal Pell Grant Program for three years after the end of an award year for which the program funds were awarded and disbursed.

What happens if you die with student loans?

If you die, your federal student loans will be discharged, meaning no further payments will be required. Your parent, spouse or another person you appoint will need to submit proof of death to your loan servicer. This means an original or copy of the death certificate.

What are Ed held student loans?

All defaulted Direct Loans are held by ED. Defaulted FFEL Program loans may be held by ED or by a guaranty agency. Defaulted Federal Perkins Loans may be held by a school or by ED. ED’s Default Resolution Group, at Federal Student Aid, oversees the collections process for all defaulted loans that are held by ED.

Is Navient a ed loan?

Navient is one of the largest federal student loan servicers. It also services private student loans from various lenders. If you don’t find your loan information through studentaid.gov, you have a private student loan.

Can AES loans be forgiven?

The last loan forgiveness program for federal student loans with AES is loan forgiveness under the various income-driven repayment plans. The Department of Education offers 4 income-driven repayment options: Revised Pay As You Earn. Pay As You Earn.

What happens to my fafsa if I take a semester off?

If you take a semester off, it shouldn’t make much of a difference for your federal loans. Most federal loans have a six-month grace period. When you return to school at least half-time after taking a semester off, the grace period on your loans will reset, provided you didn’t exceed it.

Can I fill out the Fafsa without my parents taxes?

All applicants for federal student aid are considered either “independent” or “dependent.” You may not be required to provide parental information on your Free Application for Federal Student Aid (FAFSA®) form. …

How do I get my old fafsa information?

You can access NSLDS by visiting https://nslds.ed.gov/nslds/nslds_SA/. You will need to provide your Social Security number (SSN), the first two letters of your last name, your date of birth, and your FSA ID in order to gain access to your account.