I just received notification from the Department of Education that my FFELP Student Loan is being pulled from Navient and is being transferred to a new Department of Education servicer called aidVantage as a Direct Student Loan, loan consolidation and no longer to be a FFELP Student Loan.

As a FFELP Student Loan, I was not eligible for loan forgiveness or payment hiatus due to COVID - I had to pay no matter what. Forgiveness is only allowed for Direct Student Loans older than 20 years.

Now my 29 year old loan (March 9, 1994) is on its way to being discharged because the age of the Navient loan carries over to this new loan. smile


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