Education Department officials stated that the new servicing contracts would be good for borrowers in the long run, as they incentivize better customer service and provide greater accountability. "There's going to be a lot of people who need help and not a lot of help to go around," said Michele Shepard, senior director of college affordability at The Institute for College Access and Success. You have a network of support to help you succeed with your federal student loan repayment. to make payments to decrease your total interest cost and pay your loan off sooner. The justices are expected to rule in late June or early July, but a decision could come earlier.Bringing roughly 44 million borrowers back into repayment at one time is an unprecedented task. MOHELA has now taken over the program. instructions for how to apply the payment. Payment" in the payment details of the Four of these companies MOHELA, Nelnet, EdFinancial, and Maximus Education (which operates Aidvantage) are existing student loan servicers. MOHELA warns of delays in processing PSLF waiver applications - The to get help from the Ombudsmans Student Loan Assistance Unit. Log in to use the Repayment Plan Evaluator to compare repayment plans and choose the one that Visit Auto Debit Confirmation for information. The office contracts with several outside organizations to handle the billing and other services on federal student loans. I was notified that my payment is late but I submitted my payment to my former loan servicer. I have a student loan through MOHELA that has been open since 2004. Who did you send the letter to? For the latest information regarding the status of student debt relief, visit StudentAid.gov. Republicans made sure that no new funding for the implementation of the forgiveness program was included in the federal spending law passed by Congress late last year. If the application of your payment, based on standing payment instructions, would cause one or more loans to become delinquent, MOHELA will notify you that the payment can't be applied as you requested.