Is Ascendium a federal student loan?
Besides being a national philanthropy, Ascendium is a federal student loan guarantor and a provider of financial wellness services.
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.
How do I check my student loan balance?
Checking Your Federal Student Loan Balances
- Head to the National Student Loan Data System (NSLDS) The Department of Education runs the NSLDS. From here you can create a Federal Student Aid ID (FSA ID) or log in with your existing account. ...
- Contact Your School. Sometimes not all loans show up in the NSLDS.
Is Ascendium part of Navient?
Unlike OSFA, who kept all collection activities on their defaulted accounts 'in-house', Ascendium assigns accounts to our guarantor service provider – i.e., Navient Solutions, LLC (Navient). Navient then assigns the accounts to a collection agency.
Is Ascendium Education Solutions a federal loan?
Ascendium is a guarantor for loans made through the Federal Family Education Loan Program (FFELP), and that is a big part of what we do. We also develop and provide a variety of services to colleges that have to do with helping their students manage their loans responsibly, including Direct Student Loans.
Is Ascendium a federal loan?
Besides being a national philanthropy, Ascendium is a federal student loan guarantor and a provider of financial wellness services.
Is Ascendium a collection agency?
Ascendium is a debt collection agency. They buy debt from a number of different creditors that have given up on trying to collect the amount themselves (sometimes referred to as a "charge-off").