Servicers

Loan servicers, including MOHELA and Aidvantage, are denying all outstanding SAVE plan applications at the direction of the Department of Education, following the legal settlement that ended the SAVE plan.…

Key Points New online applications for income-driven repayment (IDR) are being processed in about a week. Servicers are prioritizing cases where legal eligibility is clear, while SAVE-related requests remain delayed…