Is Myfedloan org legit?

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Here’s the scoop: FedLoan Servicing is a legit company. It’s one of several student loan servicers contracted by the U.S. Department of Education to handle federal student loans.

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Just so, do AES loans qualify for loan forgiveness?

The private student loans AES services are not eligible for loan forgiveness. But the federal student loans it servicers can be forgiven under different programs offered by the Department of Education.

Besides, is MyFedLoan a federal student loan? FedLoan Servicing is one of eight companies that service federal student loans by collecting and tracking payments. … FedLoan is operated by the Pennsylvania Higher Education Assistance Agency, or PHEAA, a nonprofit that provides financial aid services and administers multiple state grant programs.

Beside this, who owns Fedloans?

FedLoan Servicing was established by the Pennsylvania Higher Education Assistance Agency (PHEAA) to support the U.S. Department of Education’s ability to service student loans owned by the federal government. Along with Nelnet and Navient, it is one of the big three for-profit federal student loan servicing companies.

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