" "state grants" "federal Pell Grant" "federal student loans" "student financial aid" "work ...
What is free?
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Hearings
197 $ by certifies that the Pennsylvania Higher Education Assistance Agency ( hereinafter referred to as PHEAA) has contributed IS I ars toward student loans ...
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Federal supplement
Present procedure, by admission of the PHEAA, is primarily followed because of ... Education and Welfare was authorized to direct the federal student loan ...
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Student loan law, collections, intercepts, deferments, discharges, repayment plans, and trade school abuses
Defendant Pennsylvania Higher Education Assistance Agency ("PHEAA") is an ... did not obtain the loans by herself, nor did she have any direct dealings ...
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Subject: Loan Servicing Information – Direct Loan Transfer Initiative Update
We are pleased to report the successful transfer of approximately 1.2 million William D. Ford Federal Direct Loan (Direct Loan) Program borrower accounts to new federal loan servicers by the end of December 2010. As explained in a November 23, 2010 Electronic Announcement on the Information for Financial Aid Professionals (IFAP) Web site , the purpose of this transfer initiative was to begin positioning student and parent borrowers who had Direct Loans assigned to the Direct Loan Servicing Center (ACS) and additional Direct Loans and/or Federal Family Education Loan (FFEL) Purchased Loans assigned to FedLoan Servicing (PHEAA), Great Lakes Educational Loan Services, Inc., Nelnet, and/or Sallie Mae to have one federal loan servicer for all of their federally-owned loans. Borrowers receive correspondence from the new servicer upon completion of the transfer process.
In the majority of cases, this transfer initiative will result in all of a student or parent borrower’s federally-owned loans being serviced by one federal loan servicer. In a very small number of cases, a borrower may still have more than one servicer. For borrowers with more than one servicer, we will continue our transfer work until all of a borrower’s federally-owned loans are serviced by one servicer. We plan to complete the next round of transfers of this nature by mid-March of this year.