Posted Date: September 22, 2017
Author: | Mark LaVia, Executive Director, Servicing, Federal Student Aid |
Subject: Loan Servicing Information - Performance Metrics and Allocation Information Now Available on the FSA Data Center
This announcement informs the community of the availability of the customer service performance results for each of the Department of Education’s (the Department’s) federal loan servicers for the following periods:
July 1, 2016 through September 30, 2016
October 1, 2016 through December 31, 2016
January 1, 2017 through March 31, 2017
April 1, 2017 through June 30, 2017
The allocations in effect from March 1, 2017 through August 31, 2017 and September 1, 2017 through February 28, 2018 are also available.
The federal loan servicers with customer service performance results and allocations are as follows:
CornerStone
FedLoan Servicing (PHEAA)
Granite State – GSMR
Great Lakes Educational Loan Services, Inc.
HESC/Edfinancial
MOHELA
Navient
Nelnet
OSLA
All federal loan servicer performance metric and allocation data, in addition to its accompanying explanation, is located on the FSA Data Center. This includes the customer performance results for the Quarter Ending September 30, 2016, customer performance results for the Quarter Ending December 31, 2016, customer performance results for the Quarter Ending March 31, 2017, customer performance results for the Quarter Ending June 30, 2017, and allocations in effect March 1, 2017 through August 31, 2017 as well as allocations in effect September 1, 2017 through February 28, 2018.
The Federal Servicer Results for the Quarter Ending September 30, 2016 are available at https://studentaid.ed.gov/sites/default/files/fsawg/datacenter/servicer/09302016/ResultsQuarterEnd093016.pdf.
The Explanation for the Quarter Ending September 30, 2016 is available athttps://studentaid.ed.gov/sites/default/files/fsawg/datacenter/servicer/09302016/ExplanationQuarterEnd093016.pdf.
The Federal Servicer Results for the Quarter Ending December 31, 2016 are available at https://studentaid.ed.gov/sites/default/files/fsawg/datacenter/servicer/12312016/ResultsQuarterEnd123116.pdf.
The Explanation for the Quarter Ending December 31, 2016 is available athttps://studentaid.ed.gov/sites/default/files/fsawg/datacenter/servicer/12312016/ExplanationQuarterEnd123116.pdf.
The Federal Servicer Results for the Quarter Ending March 31, 2017 are available athttps://studentaid.ed.gov/sites/default/files/fsawg/datacenter/servicer/033117/ResultsQuarterEnd033117.pdf.
The Explanation for the Quarter Ending March 31, 2017 is available athttps://studentaid.ed.gov/sites/default/files/fsawg/datacenter/servicer/033117/ExplanationQuarterEnd033117.pdf.
The Federal Servicer Results for the Quarter Ending June 30, 2017 are available athttps://studentaid.ed.gov/sites/default/files/fsawg/datacenter/servicer/06302017/ResultsQuarterEnd063017.pdf.
The Explanation for the Quarter Ending June 30, 2017 is available athttps://studentaid.ed.gov/sites/default/files/fsawg/datacenter/servicer/06302017/ExplanationQuarterEnd063017.pdf.
The Federal Servicer Allocations in effect through August 31, 2017 are available athttps://studentaid.ed.gov/sites/default/files/fsawg/datacenter/servicer/12312016/AllocationQuarterEnd123116.pdf.
The Federal Servicer Allocations in effect through February 28, 2018 are available athttps://studentaid.ed.gov/sites/default/files/fsawg/datacenter/servicer/06302017/AllocationQuarterEnd063017.pdf.
We value the participation of all customers in the loan servicing process and thank you for your ongoing feedback.
Publication Date: 9/22/2017