The Department of Education plans to implement two transfer initiatives related to borrowers who have more than one servicer of their Federal Direct Loan Program loans and Federal Family Education Loan (FFEL) Purchased loans, more simply referred to as their federally-owned loans. These initiatives involve Direct Loans and FFEL Purchased loans with multiple servicers and rehabilitated/reinstated loans with the Student Loan Servicing Center (ACS).
You have selected premium content. Please log in to access this content.
Forgot your password? Click here.
Don't have a myNASFAA account? Create yours now. You don't need to be a NASFAA member.
Open the doors to success for yourself and for your students! Join NASFAA and receive full member access to premium content.
Request free trial access to the website and Today's News.