Department of Education: 2013 Federal Loan Transfer Involves In-School Accounts
15 January 2013
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The U.S. Department of Education (ED) announced last week that it would end its contract with Direct Loan Servicing Center (ACS) and transfer those student borrower accounts to new servicers on an ongoing basis through August 2013, a move that will likely result in questions for campus financial aid administrators.
Read the whole article originally published in: Todays News Feed.
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Excellent, DOE; more confusion now than ever for students! Keep up the good work.