Federal student loan repayments was basically suspended for over a couple ages, while the start of the pandemic – and last week, Chairman Joe Biden lengthened payment freeze again this time up until August 30.
Just like the government education loan payments have been to your hold to own therefore enough time, you will possibly not even know you may have an alternate mortgage movie director. Maxima loan servicer one handles government student education loans beneath the name Aidvantage, got over Navient’s workload away from 5.6 billion college loans at the end of 2021.
Though money is frozen up to Sep, should your membership provides switched off Navient to Aidvantage, it’s worth signing to your account, thus you are good to go when repayments restart. We have found all you need to discover as to why Navient is not any extended providing your student loans and ways to log in to the new Aidvantage account.
step 1. Aidvantage will be your the brand new federal education loan manager
Right now you should have been informed in the alter because of the article otherwise email of Navient, Aidvantage as well as the Institution regarding Education. For those who failed to receive a notice, you need to log into your existing Navient membership and you will twice-look at the email address to be sure it’s proper. Regardless of if the target try outdated, just be capable get on your account.
2. You need to be in a position to access the Aidvantage membership along with your Navient history
If you attempt in order to sign in Navient, there is certainly a balance regarding $0 – it equilibrium just shows that the finance was in fact bought because of the Aidvantage. (more…)