Mementojpeg | Moment | Getty ImagesLook out for notices about the changeScott Buchanan, executive director of the Student Loan Servicing Alliance, a trade group for federal student loan servicers, said impacted borrowers should get emails about the change.
Higher education expert Mark Kantrowitz has been tracking the transfers.
Borrowers previously with FedLoan should be transferred to MOHELA, or the Missouri Higher Education Loan Authority, he said.
Accounts with Great Lakes Higher Education, Kantrowitz said, should be managed by Nelnet going forward.
Also, Kantrowitz said, "whenever there is a change of loan servicer, there can be problems transferring borrower data."
Persons:
Scott Buchanan, servicers, Buchanan, Mark Kantrowitz, Kantrowitz, You'll
Organizations:
Student Loan, Alliance, Missouri Higher Education Loan Authority, EdFinancial Services, Lakes Higher, Federal Services
Locations:
MOHELA, Missouri, Granite State, StudentAid.gov