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Three months after student loan payments restarted, some borrowers are experiencing delays and seeing billing errors from student loan servicers.
The department is withholding $7.2 million from MOHELA’s October payment and has directed the student loan servicer to place all affected borrowers in forbearance – a period during which ...
MOHELA was founded by Missouri lawmakers in 1981 to oversee loans guaranteed by the U.S. federal government through the Federal Family Education Loan Program. Following the program's abolition in 2010, MOHELA began to expand its presence in the student loan servicing industry. In 2011, it was granted a contract with the Department of Education (DOE) to service over 100,000 federal student ...
Aspire Servicing Center is a student loan provider that services parent and student loans from an Aspire affiliate. They also serviced Direct loans until 2015 when they transferred them to MOHELA.
In the United States, student loans are a form of financial aid intended to help students access higher education. In 2018, 70 percent of higher education graduates had used loans to cover some or all of their expenses. [1] With notable exceptions, student loans must be repaid, in contrast to other forms of financial aid such as scholarships, which are not repaid, and grants, which rarely have ...
Yishun Innova Junior College ( YIJC) is one of the 14 junior colleges in Singapore, offering two-year pre-university programmes for students who graduate from secondary schools after their O-level examinations. The two-year A-Level programme prepares students for education in local or foreign universities.
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Around 44% of federal student loan borrowers who begin repayment in October have a new loan service provider.