Is EdFinancial com a legitimate site?
Is Edfinancial Services legit? While student loan scams are all too common, Edfinancial Services is a legitimate student loan servicing company. It has a long history in the student loan business and is one of the few servicers the U.S. Department of Education contracts with.
Is EdFinancial federal student loan?
Edfinancial does not originate federal student loans. To learn how you can apply for federal student loans, visit https://studentaid.gov.
What type of loan is EdFinancial?
Loan types include Direct Subsidized, Direct Unsubsidized, Direct Parent PLUS, Direct Graduate Student PLUS (GradPLUS) loans, and Direct Consolidation loans. These student loans have low interest rates and flexible repayment terms.
Are student loans going to be forgiven?
Student loan forgiveness is now tax-free, thanks to a provision included in the $1.9 trillion federal coronavirus stimulus package that became law in March 2021.