FedLoan Servicing Reviews

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Fedloan servicing is a student loan servicer that helps student and those working in nonprofit or government agency to manage the repayment of their federal and private student loans. The loan service company is created and operated by Pennsylvania Higher Education Assistance Agency (PHEAA), a non-profit organization that offers financial aid services and also administers various state grants programs. PHEAA also serves as a loan servicer for Federal Family Education Loan programs (FFELP) which is operated by America Education service.

Fedloan servicing is one of the nine loan servicing companies in agreement with the U.S. Department of Education to handle loan services on its behalf. Some of the loan service duties include tracking payment, customer service, repayment and other administrative parts of a loan. Currently, Fedloan is the only loan servicer that manages Public Service Loan Forgiveness (PSLF) applications, an application which process your employment certification forms and also provides your student loan forgiveness. Once your Public Service Loan Forgiveness (PSLF) application is processed, your loan automatically will be sent to FedLoan. Keep in mind that you are likely to make certain payments to become eligible for Public Service Loan Forgiveness (PSLF) application before your loans are transferred but you will have to send your employment certification forms to FedLoan via mail. Once Fedloan becomes your loan servicer, you can now submit your PSLF online.

Important Notice

FedLoan Servicing has made an announcement that it is expected to end all federal loan servicing contracts after December 2022. This means that all federal loans in the FedLoan portfolio will be split up and transferred to other loan servicers which include Aidvantage (formerly Navient), Nelnet EdFinancial, and MOHELA. 

What Can FedLoan Servicing Do for You

Before the transfer takes place, as a student if you are using FedLoan loan servicer. Below is what FedLoan can help you do.

  • Process Monthly Payment: FedLoan is responsible for managing your loan by helping you monitor and collect payments. You can also make additional payment by instructing FedLoan to apply extra payments to your remaining balance. You can instruct FedLoan via mail, online or by phone. Or else it will add the extra amount to the next month’s payment instead.
  • Loan forgiveness: Since FedLoan manages Public Service Loan Forgiveness applications and other employment certifications forms. Students and any other public service workers can see if they qualify for loan discharge, Public Service Loan Forgiveness (PSLF) and other service worker’s benefits. You can also submit PSLF forms online and also track its progress.
  • Apply for Forbearance and Deferment: you can apply for deferment and forbearance and if you qualify, FedLoan can you pause payment or even reduce amount of payment. However, you when you are on deferment or forbearance, your interest will continue to increase.
  • Register for online access: you can sign up for an online access to your account on FedLoan. Once you do this, you will be able to view your monthly billing statement, manage your payment online, update your account information, and get tax forms and lots more.
  • Enroll in Autopay: You can Sign up for Auto pay feature on FedLoan as a way of making your payment easier and reducing stress. This will make you avoid late payment such that FedLoan will automatically deduct your payments from your bank account. Signing for this will reduce your interest by 0.25%.
  • Sign up for income-driven repayment: You can request income-driven repayment, which limits your student loan payments to a percentage of your income, by completing a paper form with FedLoan. (You can apply online on studentaid.gov and then recertify your income each year online as well.)

How to Make FedLoan Servicing Payments

Auto Pay which is sometimes regarded as Direct Debit is the easiest way for making payments to FedLoan. When you sign up to make payments by Auto Pay or Direct Debit, your payment will be electronically deducted from your bank account. With this mode of payment, you are likely to qualify for a 0.25% interest rate reduction on your loan.

Other mode of payment is by using the FedLoan’s mobile app, by mail, third-party bill-pay service, online payment or by phone.

FedLoan Servicing Payments Mailing Address

If you want to make your loan payment by mail, you can either use a check or money or then send it to the mailing address below.

Department of Education
FedLoan Servicing
P.O. Box 790234
St. Louis, MO 63179-0234

What Can I Do If My loan is Transferred from FedLoan?

Since FedLoan servicing will be transferring the loans of all borrowers to other loan servicers after December, 2022 when the contract ends. It is important you do the following to avoid errors on your account before and after migration.  

  • Login to your online account and download your payment history or ask your servicer to mail you a copy.
  • Update your contact information with your most recent address, phone number, and email address.

However, you will get a notification from your new loan servicer immediately the transfer happens. The new loan servicer will also provide you with information on how to access your transferred account and other things you need in terms of payments.  

How to Contact Fedloan Servicing Customer Service

If you want to make payment or your want to reach out to FedLoan customer service representatives for any other issues, you can use the following contact.

FedLoan Phone number: 1-800-699-2908

FedLoan hours of operation: Monday – Friday 8 a.m. – 9 p.m. ET

FedLoan address for loan payments: 

Department of Education

FedLoan Servicing

P.O. Box 790234

St. Louis, MO 63179-0234

FedLoan address for general correspondence: 

FedLoan Servicing

P.O. Box 69184

Harrisburg, PA 17106-9184

FedLoan address for consolidation-related inquiries:

FedLoan Consolidation Department

P.O. Box 69186

Harrisburg, PA 17106-9186

FedLoan website: myfedloan.org

FedLoan email: Sign in to your FedLoan account to send an email.

FedLoan social channels: FedLoan Twitter & FedLoan Facebook 

How to File a complaint about FedLoan

If you are dissatisfied with FedLoan’s performance or services and you have even complain but all to no avail. You can file a complaint directly with the Pennsylvania Higher Education Assistance Agency’s Office of Consumer Advocacy. This is FedLoan’s highest customer service office. Kindly call 1-800-213-9827 or send mail to:

Pennsylvania Higher Education Assistance Agency

The Office of Consumer Advocacy

1200 North 7th Street

Harrisburg, PA 17102

For credit disputes, send a mail to:

FedLoan Servicing Credit

P.O. Box 60610

Harrisburg, PA 17106-0610

Other Alternatives where You Can Complain about FedLoan

If after going through FedLoan’s highest customer service office and your issue still remain unsolved, you can visit the following websites to lodge complaints about FedLoan.

  • Federal Student Aid Feedback System.
  • Your state attorney general’s office.
  • Your state consumer protection office.
  • Your congressional representative.

When you want to go through this channel, ensure to keep records of conversation you have, the name of the customer representative you spoke with, time and day of conversation. Plus, documents such as bills, copies of any letters, and email about your account.

How to settle a dispute with FedLoan

If you didn’t get any assistance after you filed a complaint, you can contact the Federal Student Aid Ombudsman Group. According to the federal student aid office, this method should be used only as a last resort. To reach out to the Ombudsman Group, use the following contact.

Phone: 877-557-2575

By mail: U.S. Department of Education

FSA Ombudsman Group

P.O. Box 1843

Monticello, KY 42633

You can also reach out to a student loan nonprofit such as The Institute of Student Loan Advisors, which provides free dispute resolution.

FedLoans Servicing Alternatives

There are other Federal loan servicers you can use when you want to switch as a student. They include the following;

  • Default Resolution Group only handles federal students loans in default.
  • Nelnet
  • Great Lakes
  • Edfinancial Services
  • OSLA
  • American Education Services services Federal Family Education Loans only.
  • Aidvantage (formerly Navient).