Is Ed Financial the same as Ed America?

Are you new to Edfinancial and wondering who we are? If you have recently received a notification from us, it means that the U.S. Department of Education has selected Edfinancial as the servicer of your federal student loan(s).

What kind of loan is Ed Financial?

FFELP loan types include Subsidized and Unsubsidized, Parent PLUS, GradPLUS, and Consolidation loans. FFELP loans have similar terms and conditions to Direct Loans, but there are some differences in repayment plans, loan forgiveness programs, borrower benefits, and interest rates.

What does EdFinancial Services do for student loans?

Edfinancial Services is your student loan servicer. We are here to answer your questions, help you with repayment plans, and process your student loan payments.

What is the Department of Education doing about student loans?

Department of Education Announces Action to Streamline Borrower Defense Relief Process Today, the U.S. Department of Education (Department) announced it will streamline debt relief determinations for borrowers with claims approved to date that their institution engaged in certain misconduct. Tags:Defense ReliefFederal Student LoansPress Releases

What is the federal student loan default rate?

Media who are interested in joining the call may dial 800-857-9712. The U.S. Department of Education today announced the official FY 2011 two-year and official FY 2010 three-year federal student loan cohort default rates (CDR).

Are there any flexible repayment options for student loans?

Flexible repayment options during school and after graduation, including the option to defer payment while still a student Get a fixed monthly payment with a rate that doesn’t change over time. As rates rise and fall according to the market index, your monthly payment may change over time.