Faqs Concerning the Navient Settlement

Faqs Concerning the Navient Settlement What is Navient? Navient try a pals you to properties federal and personal figuratively speaking. Until recently, Navient got a binding agreement so you’re able to solution federal college loans belonging to the brand new You.S. Service away from Degree, in addition to tens of thousands of loans generated underneath the Lead Financing System and an inferior number of funds produced in Government Relatives Student loan (FFEL) System. To the , brand new You.S. Agencies away from Studies established the transfer associated with contract out of Navient to Aidvantage, a division out-of Maximus Government Features, Inc. not, Navient continues to service government student loans generated beneath the FFEL Program which can be belonging to personal lenders in addition to non-government private college loans.