The Biden administration announced new measures that could help borrowers struggling with their payments. Taking advantage of these programs could help you reduce your payments, get your loans in good standing and avoid student loan default.
The University of Maine at Farmington is recognized as having one of the most successful and effective financial aid programs in the state of Maine. Nearly all full-time undergraduate degree-seeking Farmington students receive some form of financial assistance: grants, merit scholarships, federal and state financial aid, loans, UMF scholarships, private scholarships, student employment and more. We send Financial Aid information to everyone who applies to UMF.
The United States Department of Justice settled a case against a loan servicer contractor that managed loans under the FFEL Program. Conduent Education Services LLC, fka Xerox Education Services LLC, dba ACS Education Services LLC paid $7.9 million.