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Why? Great Lakes is, indeed, a legit company. In fact, they might even be your student loan servicer.
How do I know if my student loan is federal or private?
Review your billing statement For federal student loans, the top of a student loan bill will have the name of your student loan servicer and the name of your federal student loan program. For private student loan bills, you'll see the name of your private lender on the bill instead.
Is my Great Lakes a federal student loan?
How Great Lakes Can Help You With Your Student Loans. Great Lakes is a U.S. Department of Education federal student loan servicer. We help with student loan questions, repayment, consolidation, payment relief, and more.
Who owns Mygreatlakes?
Loan servicing TypeSubsidiaryRevenue$230 million (2017)Number of employees1,800ParentNelnetWebsitemygreatlakes.org3 more rows
Why would Great Lakes loans call me?
Companies like Navient, Great Lakes, Nelnet, and MyFedLoan get massive government contracts to manage federal student loans. There is no reason for the Department of Education to make the call directly. Anyone pretending to be the Department of Education clearly has bad intentions.
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Keep in mind: As a loan servicer, Great Lakes is neither a private nor a federal loan. The company actually services both private and federal loans, so the type of loan you have won't change once you start paying it off with Great Lakes.
Is Mygreatlakes federal?
Great Lakes is a U.S. Department of Education federal student loan servicer. We help with student loan questions, repayment, consolidation, payment relief, and more.
Why do student loans call me?
If you're behind on your payments, you may receive legitimate calls about your student loans. But don't assume that a call is legitimate simply because you're behind on your loans. Remember: You don't usually have to pay for help with managing your student loan debt.
What is happening with Great Lakes student loans?
Due to the government's new Next Gen Business Process Operations initiative, Great Lakes and its parent company Nelnet will no longer service federal student loans after December 2020. If Great Lakes is your current loan servicer, The Department of Education will assign you a new loan servicer.
What loans are considered federal?
There are three types of federal loans for college: Direct Subsidized Loans. Direct Unsubsidized Loans. Direct PLUS Loans, of which there are two types: Grad PLUS Loans for graduate and professional students, as well as loans that can be issued to a student's parents, also known as Parent PLUS Loans.
Related links
Mygreatlakes : mygreatlakes.org - ip, whois and other insights
www.mygreatlakes.org profile. Log in to access your student loan Mygreatlakes analysis: hosting server is located in Eau Claire, United States.
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