Transfer of student loans serviced at ACS
Over the next 6 months, the Dept. of Education will be transferring student loans currently being serviced by ACS to other Direct Loan Servicers. The first group will include loans that are in an in school or in deferment status where payments are not being made. After that, loans in any other status will be transferred.
The intent to to group loans together for students that may have multiple servicers as well as improve the servicing of the loans. If you have loans that are included in this process, you will be notified. You should also refer to www.nslds.ed.gov on a routine basic to locate the servicer of your loan.
If you have questions about this, please contact the financial aid office.