Everything You Need to Know About MyFedLoan

I’m a huge advocate for paying off student loans as quickly as possible. FedLoan is one program that students use to keep track of and pay off their debt.

What Is MyFedLoan?

This platform is under the management of the Pennsylvania Higher Education Assistance Agency and services federal student loans.

FedLoan Management

This company is not a government agency, but it manages federal student loan payments and ensures student loans get paid back on time.

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FedLoan Ownership

The United States Department of Education contracts the servicer as a loan servicer for taking care of federal student loans.

FedLoan Services And Assistance

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In addition to the primary loan and repayment options, FedLoan offers several different types of services and assistance to help students with their loans.

Assistance With Appropriate Repayment Plans

If the student is experiencing financial hardships, they can suspend payments through several different options with MyFedLoan.

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