Education Department Announces 5 New Federal Loan Servicers

Education Department Announces 5 New Federal Loan Servicers

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The Department of Education announced it signed contracts in June with five federal loan servicers that it hopes will bring the long-awaited Next Gen platform to fruition. F.H. Cann & Associates, Maximus Federal Services and Trellis Company, along with two holdovers from the current list of nine servicers — the Missouri Higher Education Loan Authority
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