Did Ascendium take over Navient?
Yes, Ascendium Education Group collects for Navient.
Is nelnet an Ascendium?
Earlier this year, student loan servicer Nelnet, Inc. acquired the loan servicing subsidiary of Great Lakes. Following the acquisition, the remaining Great Lakes companies were reorganized as Ascendium Education Group.
Is Ascendium a federal loan?
Ascendium is a non-profit entity that not only is the nation's largest federal student loan guarantor, but also is one of its most active and respected postsecondary education philanthropies.
How do I contact Ascendium?
Please contact our guarantor loan servicer at 800-331-2314.
Is the Navient lawsuit real?
The student loan servicer, Navient, reached a $1.85 billion settlement on Thursday 13 January with various state leaders that will provide over 400,000 loan holders debt relief. The settlement is the result of a suit filed by several state Attorney Generals which accused Navient of unfair and predatory practices.
Is Navient loan forgiveness real?
Navient has “millions” of federal and private student loan borrowers, with the most recent released number being 12 million customers in 2017 for a total of $300 billion in student loans serviced. Even though hundreds of thousands of Navient borrowers will receive loan forgiveness, millions still won't.
Are Ffelp loans forgivable?
FFEL Loans can be forgiven after 25 years of payments under eligible income-driven repayment plans. Public service workers can get credit for payments made on FFEL Loans for a limited time.
Can you get financial aid with a defaulted loan?
You can't get FAFSA if you have defaulted student loans. You'll first need to get your student loans out of default to regain eligibility for federal student aid. To get approved for financial aid, you'll need to get your student loans out of default first.