FedLoan Servicing came into force to support the U.S. Department of Educations to service student loans owned by the federal government. The company is one of a limited number of organizations approved by the education department to grant loans owned by the federal government.
Our loan counselors are trained to answer your questions—big or small. We have tools and resources that will help you manage your student loans through Account Access.
- Direct Payment Method
Direct debit: You can link a checking or savings account to your FedLoan Servicing account. The company will automatically withdraw your payment on the same day each month. As an added benefit, signing up for automatic payments can reduce your interest rate by 0.25 percent.
App: You can use the app to send your payments or make payments on your loans.
Phone: FedLoan Servicing has an automated phone line you can call at any time to make payments. Dial 1-800-699-2908 and have your loan account number and bank account routing number ready.