While you were in college getting your education, you took out a bunch of loans to help you finance it. Now that you have graduated it is time to start paying them off. A lot of people do not know what happened to their loans once they graduate and end up defaulting. If you don’t know when or where to send payments, it is very important that you find out before you end up defaulting on your student loans. You should first check with the loan servicer. The servicer should provide you with contact information of the lender.
If you cannot get in contact with the loan servicer, or if the servicer is unable to provide you with the information requested, there are a few other places where you can look for help. Check with your school financial aid office for your lenders contact information. If you took out a Federal Perkins loan, the financial aid office should have all of the payment information that you need.
You can also try searching for your student loan information in the National Student Loan Data System. The National Student Loan Data System contains information on Pell Grants and federal student loans. In order to fully utilize the National Student Loan Data System, you will need to provide it with certain personal information. You will need to provide your social security number, date of birth, and your Federal PIN number. Your federal PIN number is the same number used in FAFSA application.
The last resources for finding information pertaining to your student loan is the National Student Loan Clearinghouse, Elmnet, and credit bureaus. The NSLC provides a free loan locator for Federal Family Education Loan program participants. Elmnet provides information for FFELP participants. Last but not least, you may contact your credit bureaus for a credit report that will give you information on your open student loans.