As of May 10, 2015 the National Student Loan Data System, or, NSLDS report access system was changed. You will need to Log onto NSLDS.ED.Gov by using your User Name or Verified E-mail address and a Password.
1. If you have already set up your access with your User Name or Verified E and Password, simply log on and follow the instructions below.
2. If you have not set up your access, then click on the “Create an FSA ID” tab and follow all the steps to create your FSA ID.
a You will get an e-mail asking you to verify your e-mail address
b You will hear back from FSA once they verify your information with the Social Security Office. This should take a day or two.
c Once everything is verified, follow the directions below.
The starting point to begin an analysis of any Student Loan issue is to obtain any and all information that the U.S. Department of Education has regarding all Federal Student loans that pertain to you. Debt Doc Student Loan Attorneys need this information to be able to explain any and all options.
If you have obtained a Federal Student Loan anytime during your life, then the information is available at the NSLDS link shown above. This report will provide vital information regarding what type of Federal Loans you have obtained, the status of those loans, who the current servicer of those loans are, and who the lenders are.
From this website, Debt Doc attorneys will need two things.
1) The summary of all your loans will be the first page you see.
2) The detail report on all your loans.
The number of each loan will be listed on the left hand side of the summary page. The numbers are hyperlinks to all the details of each of your loans. Simply click on the number and the details of the loan will be the next screen. I will need all pages for each of these individual loans.
In the center of each page, there will be a Download button. DO NOT DOWNLOAD unless you want 75 pages of information in a txt format, we do not.
Simply Print/save as a PDF, of all pages. This is what Debt Doc attorneys want to review and it will be used to discuss and evaluate your circumstances.
I look forward to reviewing this report with you and assisting you with the management of your Student Loan debt.
Federal Student Loan Debt Consolidation Programs:
Each of these programs offered by the Department of Education is intended to consolidate federal student loans into a single student loan and one payment. These programs are also made to fit the needs of those students who are struggling to pay their federal student loans and give them payment relief. New low monthly payments are calculated considering income and one's family size. The lower your income, the lower the loan payment will be. These programs are often effective because they assess each individual situation and offer a monthly payment agreement that corresponds to the person's current situation. You can’t beat that program and with an additional consideration of the needs of your family and family size, federal student loan debt consolidations are a solid option.