What exactly is Navient?
Navient was a company that characteristics federal and private college loans. Up until now, Navient had a binding agreement in order to services government student loans owned by this new You.S. Institution regarding Knowledge, plus countless funds produced in Lead Financing System and a smaller level of funds generated beneath the Federal Family unit members Student loan (FFEL) System. Towards , this new You.S. Agencies off Training revealed the fresh new import with the price of Navient so you’re able to Aidvantage, a department from Maximus Government Properties, Inc. Although not, Navient will continue to services government student loans generated beneath the FFEL Program which might be owned by private loan providers and non-federal private student loans. Læs videre “Frequently asked questions Towards Navient Settlement”