All federal student loans are originated and funded by the U.S. Department of Education; there are no private banks involved. All students and parents wishing to borrow a Federal Direct Loan are required to sign a Master Promissory Note (MPN) with the Department of Education. You can complete this process at www.studentloans.gov.
Once the loan is fully disbursed, the Department of Education will transfer your loan(s) to one of five servicing partners:
It is best practice to keep all documentation and correspondence on your loans. If you need assistance locating the holders of your loans, log onto www.nslds.ed.gov using your FAFSA PIN.Below are some helpful links to information about the Federal Direct Loan program:
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