The U.S. Department of Education is the education loan loan provider

If you received Federal Direct student education loans while going to NYIT. In the event that you received loans through the FFEL Program (through a nearby loan provider or servicer), it’s likely https://spot-loan.net/payday-loans-nh/ that they usually have or will actually sell your figuratively speaking to your U.S. Department of Education.

Under conditions for the Ensuring Continued usage of student education loans Act, loan providers have the option to “PUT” (offer) loans into the U.S. Department of Education (DOE). Lenders must notify borrowers if their loans were offered towards the Department of Education.

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