Great Lakes Student Loans

When inquiring about Great Lakes student loans, you should know that this company does not provide loans. They do, however, service loans that are given by various lenders such as the federal government. One service they provide is sending out information on repaying your student loans once you have completed your education. This information would include how much to pay and where the payments are to be sent. Great Lakes can also help you select a repayment plan that suits your needs financially.

It is not uncommon for loans to go from one company or lender to a servicing company like Great Lakes. Private lenders and even the U.S. Department of Education may partner with the company to assist in loan servicing. This company takes all the confusion out of where to send your multiple loan payments each month by making it clear and offering excellent support and service. Most students have multiple loans and therefore, multiple payments to make each month to different places.

Great Lakes can serve as the point of contact for those with student loans who have questions or issues with their loans. There are many ways this company can help you, including via phone, email or online. You can find out how much your loans are, what the monthly payments are, their due dates, and more. And, by setting up an online account, you can check this information any time of the day or night.

There are a variety of different types of loans that are serviced by Great Lakes. One is the federal Direct Loan which is a category that includes the Stafford Loan and PLUS Loan. FFELP federal loans are also serviced by this company and are loans that are geared towards parents and students. Other types of Great Lakes student loans serviced are private loans, which may be provided by banks, credit unions and other lenders.

If you have questions, there is a great deal of information on the Great Lakes website. You can also contact the company directly through their toll-free number of via email. A representative from the company can explain what they can do for you in terms of servicing your student loans. You might also want to inquire with a financial aid specialist at your school as they may have some information about third party loan servicing companies like Great Lakes. The goal is to make the repayment process easier on both the borrower and the lender. You will find this company offers friendly, knowledgeable customer service for your student loan repayment needs.