Coming Soon: Changes to the Variable Interest Rate Calculations on Some Student Loans
Following the direction of Congress, the benchmark used to calculate the variable interest rate of some private student loans will soon change. Federal student loans will not be impacted by this change. The new calculation for variable interest rates should not cost...
SLSA, EFC and NCHER Respond to ED IDR Announcement
On April 19, 2022, Education Finance Council (EFC), the National Council of Higher Education Resources (NCHER), and the Student Loan Servicing Alliance (SLSA) issued the following is a joint statement provided in response to the Department’s announcement that it will...
Borrowers Ready to Resume Federal Student Loan Payments
With expanded support in place for borrowers who need it, it’s time for the nation to resume federal student loan payments as planned in May, 2022.
SLSA supports the Economic Continuity and Stability Act
SLSA, along with the broad financial services industry, today announced support for the Economic Continuity and Stability Act, sponsored by Senators Tester and Tillis with Chairman Brown and Ranking Member Toomey to address “tough legacy” contracts that currently...
Do You Know The Top 5 Tools Students Use To Pay For College?
The following fact sheet reviews the top 5 tools to help students pay for their college degree.
Make A Plan Before You Borrow For College
Beginning the process of applying for college? In addition to researching the specific credentials students need to gain acceptance, planning tours of each school and preparing to submit applications, it’s pivotal that students and their families develop a financial...
Debunking the Top False Statements About Student Loans
There are many challenges within the federal student loan system that can only be improved through legislative changes. Unfortunately, some have begun to “spin” these student loan challenges to serve their particular political agenda. Facts matter — the following fact...
What Borrowers Should Know as They Prepare to Resume Student Loan Payments
ED has announced that Federal student loan payments will resume in February 2022. The following fact sheet provides planning guidance, options to consider and key resources to help borrowers prepare to incorporate monthly student loan payments back into their budget....
SLSA Announces New Leadership and 2021-2022 Board of Directors
New Leadership & 2021-2022 Board of DirectorsThe membership of the Student Loan Servicing Alliance has elected its Leadership and Board of Directors for 2021-2022. Those elected are as follows: Lucia Lebens, Navient — PresidentTheresa Hommrich, Kentucky Higher...Latest Posts
What Borrowers Should Know About the Resumption of Federal Student Loan Payments
Coming Soon: Changes to the Variable Interest Rate Calculations on Some Student Loans
SLSA, EFC and NCHER Respond to ED IDR Announcement
Borrowers Ready to Resume Federal Student Loan Payments
SLSA supports the Economic Continuity and Stability Act
Do You Know The Top 5 Tools Students Use To Pay For College?
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