Great lakes student loans reviews

    • [PDF File]UNITED STATES DEPARTMENT OF EDUCATION OFFICE OF …

      https://info.5y1.org/great-lakes-student-loans-reviews_1_d577c7.html

      student loans was mitigated . FSA’s oversight activities regularly identified instances of servicers’ not servicing federally held student loans in accordance with Federal requirements. From January 1, 2015, through September 30, 2017, 61 percent (210) of 343 reports on FSA’s oversight activities disclosed instances of servicer ...

    • [PDF File]Internal Review Report - Federal Student Aid

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      effective date of Great Lakes’ TIVAS contract) through May 31, 2014. The review was limited to loans owned by the Department and serviced by Great Lakes under the TIVAS contract. The review did not cover whether Great Lakes applied the SCRA interest rate cap on FFEL loans it held and loans it serviced for other holders or private student loans.

    • Servicemembers Civil Relief Act (SCRA) Agreement

      Servicemembers Civil Relief Act (SCRA) Agreement Frequently Asked Questions Q: What did Navient agree to? A: Under the 2014 agreement, Navient provided $60 million to retroactively compensate eligible members of the military for interest paid above the 6 percent rate cap on their student loans between 2005 and 2014. The Department of Justice

    • [PDF File]Explanation of TIVAS Customer Service Performance ... - Federal …

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      Center in 2011-2012. These loans were already in repayment and current at the time they were transferred. As a result, the loans are more stable and mature than the portfolios of the other federal loan servicers. FedLoan Servicing (PHEAA), Great Lakes Educational Loan Services, Inc., Navient, and

    • [PDF File]MAKING STUDENT LOAN SERVICING WORK FOR BORROWERS

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      before the switch to 100% Direct Lending, the Department contracted with four student loan servicers, Great Lakes Educational Loan Services, Nelnet, FedLoan Servicing (PHEAA), and Sallie Mae (now Navient). These four servicers are referred to as TIVAS (Title IV Additional Servicers).

    • [PDF File]UNITED STATES DEPARTMENT OF EDUCATION OFFICE OF …

      https://info.5y1.org/great-lakes-student-loans-reviews_1_adf620.html

      For its reviews ofPennsylvania Higher Education Assistance Authority, Great Lakes, and Nelnet, FIOS relied on data in the National Student Loan Data System to identify potentially eligible SCRA borrowers. This approach identified loans or borrowers in a military deferment or grace period status. 5 . with an interest rate exceeding 6 percent ...

    • [PDF File]Higher Education Act of 1965, as Amended Part D—William D. …

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      §459A [20 U.S.C. 1087i–1] Temporary authority to purchase student loans §459B [20 U.S.C. 1087i–2] Temporary loan consolidation authority §460 [20 U.S.C. 1087j] Loan cancellation for teachers Disclaimer: This integrated document is for informational purposes only and Great Lakes does not guaranty its accuracy. In addition, the base ...

    • [PDF File]Teacher Loan Forgiveness Application - About Great Lakes

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      Teacher Loan Forgiveness Request. SECTION 1: Borrower Identification. Identify yourself and your account. If the information is filled in, correct as needed. SECTION 2: Loan Forgiveness Request. Review the eligibility requirements for Teacher Loan Forgiveness and read Sections 7 through 10. Check the appropriate boxes.

    • [PDF File]WAGE GARNISHMENT AND STUDENT LOAN DEFAULT

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      loans in its existing $15 billion FFELP student loan portfolio. TRELLIS’ ROLE On behalf of the federal government, agencies such as Trellis handle the administration of the FFELP, including claim payment, compliance with regulations, and collection of defaulted loans. When a student fails to repay a FFELP loan and the loan enters default

    • [PDF File]An Analysis of the Department of Education’s Review of Student …

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      The ED reviews included analysis of 597 loans of borrowers who were potentially eligible for relief under the SCRA – 300 loans from Navient, and 99 each from Great Lakes, Nelnet, and PHEAA.11 Only 55 of these borrowers, however, “provided the servicer with a written request for the benefit and a copy of the

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