Loan Purchase Commitment Program

The Ensuring Continued Access to Student Loan Act of 2008 (ECASLA) created several programs, including the Loan Purchase Commitment program. This program enables lenders to sell or “PUT” loans to the U.S. Department of Education (ED).

If one or all of your loans are put to ED, you will receive notification from ED or your previous lender.

For loans that were PUT, you should contact your ED student loan servicer. If you have loans with other servicers, you must contact them as well.

Department of Education/ACS (Servicer Code 700577)
Department of Education Student Loan Servicing Center
P.O. Box 7063
Utica, NY 13504-7063
Phone: 800.508.1378
Fax: 866.938.4751 or 315.223.3855
www.ed-servicing.com

Department of Education/Great Lakes (Servicer Code 700581)
Department of Education Student Loan Servicing Center
P.O. Box 530229
Atlanta, GA 30353-0229
Phone: 800.236.4300 or 608.246.1700
Fax: 800.375.5288 or 608.246.1608
www.mygreatlakes.org

Department of Education/Nelnet (Servicer Code 700580)
Department of Education Student Loan Servicing Center
P.O. Box 82561
Lincoln, NE 68501
Phone: 888.486.4722
Fax: 877.402.5816
www.nelnet.com

Department of Education/PHEAA (Servicer Code 700579)
Department of Education Student Loan Servicing Center
P.O. Box 69184
Harrisburg, PA 17106
Phone: 800.699.2908
Fax: 717.720.1628
www.myfedloan.org

Department of Education/Sallie Mae (700578)
Department of Education Student Loan Servicing Center
P.O. Box 9635
Wilkes-Barre, PA 18773-9635
Phone: 800.722.1300
Fax: 866.266.0178
www.salliemae.com

Keep Track of Your Loans

The best way to keep track of all of your federal student loans is the National Student Loan Data System (NSLDS).

NSLDSSM is a repository of all federal loan information. To log on you will need some personal information along with your Federal Student Aid personal identification number (PIN), which you used to complete the FAFSA. If you have forgotten your PIN, you can request a duplicate.

NSLDS shows all your current loan holders—including loans that have been PUT. Remember, if you want to do something like postpone your payments or apply for forgiveness, you must contact each of your loan holders.