Regardless if you are settling their student loan very early otherwise having problems and also make monthly payments, this is how to get hold of the organization:
- Sign in your online Great Lakes account to help you practically evaluate and control your student education loans.
- Label (800) 236-4300 Friday using Tuesday regarding 7 a.yards. so you can 9 p.m. Main Date.
- Fill in a questionnaire to your High Lakes’ contact form to help you demand contact through current email address.
- Upload faxes to help you (800) 375-5288.
- Post send so you can Great Lakes, P.O. Box 7860, Madison, WI 53707-7860.
Stick to finest of your High Ponds student education loans to save them during the an effective standing and protect yourself out of charge, problems for your credit score, if not student loan default or salary garnishment.
Definition & Examples of Great Ponds Student loans
Higher Ponds Student education loans are an educatonal loan servicer you to agreements with the U.S. Company regarding Studies. Because good servicer, the company is in charge of providing individuals do billing and you will money getting federal college loans. High Ponds Figuratively speaking protects nearly 18% of all the federal education loan membership.
Find out how the student loan account is actually assigned to Great Lakes College loans and ways to work at the business to handle the loan cost.
What is actually High Lakes College loans?
High Ponds Educational Financing Functions is based during the Madison, Wisconsin-the main Great Ponds area-though it even offers student loan servicing across the country. It’s certainly one of half dozen individual businesses that contract towards the You.S. Service regarding Knowledge to deal with the new asking out of government college loans.
High Lakes the most commonly-tasked student loan servicers. Since the very last sydney, Great Ponds was assigned 18% of the latest education loan frequency, the largest portion of student education loans.
Higher Ponds College loans is actually an affiliate marketer off Nelnet Diversified Alternatives, LLC. Nelnet on their own handles 12% regarding government education loan profile.
Just how Great Lake Figuratively speaking Work
If you have government college loans, you’re automatically tasked that loan servicer who will perform your bank account and repayments.
Following the Degree Department deals with your own college so you can procedure their education loan demand and you will fork out money, your bank account was given out to that loan servicer for example Great Lake Student loans. You do not get to decide and this servicer you’re assigned.
Servicers need certainly to contact you immediately following these are generally allotted to take control of your loan, typically following basic payment of student loan disbursement. So it servicer will be your own area regarding contact for everyone things relating to your student loans, of earliest battery charging to your final commission.
You’ll be able to to suit your account become gone to live in an effective the fresh new servicer. If it happens, the servicer is needed to get in touch payday loans Sterling VA with both you and let you know of one’s change. You can always look at your most recent servicer on your own Federal College student Services account.
First, because you don’t have to pay off your own college loans when you are inside the school, it is possible to only have to contact High Lakes College loans when the has inquiries otherwise need certainly to look at the equilibrium. Once your repayment period kicks for the, High Lakes can provide:
- Let if you’re battling paying off
- Choices to improve your cost package, along with so you can an income-inspired payment package
- Apps getting student loan deferment otherwise forbearance-several an easy way to suspend otherwise decrease your payments temporarily
- Suggestions about if or not government education loan combination is right for you, and the ways to complete the procedure if it’s
Constantly open communication from your own student loan servicer. It might include go out-painful and sensitive recommendations, instance notice regarding missed payments if you don’t delinquency.
When there is any question regarding perhaps the communications you gotten is genuine, it is possible to view. Go to and log into your Government College student Help account to view your own government education loan details, as well as your servicers for every single mortgage.