It’s possible Nelnet has your student loan(s). But, we additionally behave as an education loan servicer — in other terms, we offer customer care on the part of numerous loan providers together with U.S. Department of Education (ED). Get information on all your federal pupil loan(s) with Nelnet as well as other loan holders and servicers online through ED’s National education loan information System (NSLDS) at nslds. Ed.gov. You shall have to create a FSA ID to own use of ED’s on the web systems run by its workplace of Federal scholar help.
Just how do an FSA is created by me ID?
You could currently have an FSA ID from the time you sent applications for school funding being a pupil; see fsaid.gov this is certainly. Ed find or produce one.
What’s the difference involving the William D. Ford Direct Loan Program (Direct) in addition to Federal Family Education Loan Program (FFELP)?
Generally speaking, loans in these programs have actually the terms that are same conditions. There are many distinctions, including repayment that is available, debtor advantages (as an example, mortgage loan decrease in making on-time re payments), loan forgiveness programs, and rates of interest. The main distinction between the 2 loan programs is the fact that the U.S. Department of Education funds loans beneath the Direct Loan Program, and personal lending organizations funded loans beneath the FFELP. You can still find numerous FFELP loans in presence, but since July 2010, no new FFELP loans are now being made.
How to see whether my loan(s) is a component of this William D. Ford Direct Loan Program (Direct) or the Federal Family Education Loan Program (FFELP)?
To ascertain in case your loan(s) is a component for the Direct Loan Program or FFELP, you can easily:
- Get on the U.S. Department of Education’s (ED’s) National scholar Loan information System (NSLDS) at nslds. Ed.gov
- Log on to your Nelnet.com account and visit Loan Details to visit your loan information
- Review the note that is promissory finalized for the loan(s)