Important Announcements

On Dec. 9, 2025, the U.S. Department of Education announced a proposed settlement agreement that would end the Saving on a Valuable Education (SAVE) Plan. The settlement must be approved by the court before it can be implemented. Borrowers can use the Loan Simulator to begin exploring other repayment options. For more information, visit StudentAid.gov/courtactions.

On Oct. 30, 2025, the U.S. Department of Education published final Public Service Loan Forgiveness (PSLF) program regulations that will be effective on July 1, 2026. We’ll provide updates when the regulations are implemented. For now, there are no impacts to borrowers, payment counts, or discharges. 

Visit StudentAid.gov/publicservice for more information about PSLF and current program requirements. 

For more information about employer eligibility, visit StudentAid.gov/pslf/employer-search

To apply for PSLF, use the PSLF Help Tool at StudentAid.gov/pslf

Edfinancial Updates

Holiday Closings: Please note that we expect higher-than-average call volume following the holidays. We apologize for any inconvenience. You can access your online account 24 hours a day. Our offices will close on:

  • Wednesday, December 24th, at 5:00 p.m. Eastern
  • Thursday, December 25th
  • Wednesday, December 31st, at 5:00 p.m. Eastern
  • Thursday, January 1st

2025 Tax Information: As the year comes to a close, tax season is right around the corner. We will be sending interest paid totals beginning January 12th through January 16th, 2026.

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Transcript:

Edfinancial Welcome Video

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[Edfinancial Services logo]

Your student loan servicer

Welcome

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Headquartered in Knoxville, Tennessee

Welcome

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We've been providing outstanding service to student loan customers for over 30 years

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Why us?

How did Edfinancial become your servicer?

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You completed your FAFSA®, received an award letter and signed a Master Promissory Note

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The Dept. of Education sent funds to your selected school for tuition and other expenses

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Edfinancial Services was designated by the Dept. of Education as your loan servicer to help you successfully manage repayment of your loans

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We are here to help you navigate each phase of repayment:

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In-school

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Grace

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Repayment

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We are happy to answer all of your questions, big or small...

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What is my balance?

When will I pay off my loan?

How is interest calculated?

When is my first payment due?

What if I can't afford my monthly payment?

What is a grace period or PLUS deferment?

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Contact our outstanding customer service team to find out more about repayment options available to you.

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Contact Us at...

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Edfinancial.StudentAid.gov/Contact
Call | Email | Mail/Fax | Chat

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1-855-337-6884

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Hello, my name is Eddie! I'm your virtual agent.

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Our virtual agent, Eddie, can answer student loan questions, look up account information, and connect you with a live agent if needed.

Edfinancial.StudentAid.gov/Chat

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NEED HELP?

We are Here For You

Is it our mission to do the right thing for our customers and each other.

Contact us at Edfinancial.StudentAid.gov or access your online account 24 hours a day.

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Need help?

We Are Here For You

Representatives are available Monday 8am - 11pm, Tuesday - Friday 8am - 8pm, Saturday 10am - 2pm Eastern Time