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Aspire Servicing Center is a student loan provider that services parent and student loans from an Aspire affiliate. They also serviced Direct loans until 2015 when they transferred them to MOHELA.
Holding a student loan? Deadline is approaching to take advantage of certain credits, apply for forgiveness.
In the United States, student loans are a form of financial aid intended to help students access higher education. In 2018, 70 percent of higher education graduates had used loans to cover some or all of their expenses. [1] With notable exceptions, student loans must be repaid, in contrast to other forms of financial aid such as scholarships, which are not repaid, and grants, which rarely have ...
EdFinancial is a federal student loan servicer that works with the U.S. Department of Education to manage and process federal student loans. EdFinancial has been in the student loan industry for ...
The Pennsylvania Higher Education Assistance Agency ( PHEAA, better known as FedLoan [1]) is a quasi-governmental agency that administers several state-level and national higher education student financial aid programs.
Unlike other consumer loans, Congress made student loans, both federal and private, exempt from discharge (cancellation) in the event of a personal bankruptcy, except when repaying the student loan would represent an undue hardship on the borrower and the borrower's dependents. [2] This is a serious restriction that students rarely understand when obtaining a student loan.
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The Biden administration plans to have the application for borrowers to claim relief ready by the time federal student loan repayments are due to begin on Jan. 1, 2023.
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