A federal court issued an injunction preventing the U.S. Department of Education from implementing the Saving on a Valuable Education (SAVE) Plan and parts of other income-driven repayment (IDR) plans. As a result, the IDR and online loan consolidation applications are temporarily unavailable. Borrowers can still submit a paper loan consolidation application.
CONSOLIDATION APP ADDRESSES for mailing:
studentaid.gov/announcements-events/save-court-act…
Print your completed consolidation application and mail it to the address below. Note: Aidvantage processes all consolidation applications, but you can request your new loan be sent to Aidvantage, MOHELA, Nelnet, Edfinancial, or CRI for servicing. Include the name of the chosen servicer with the address below:
Aidvantage
ATTN: ED Loan Consolidation
PO BOX 300005
GREENVILLE, TX 75403-3005
MOHELA
C/O Aidvantage
PO BOX 300006
GREENVILLE, TX 75403-3006
Nelnet
C/O Aidvantage
PO BOX 300007
GREENVILLE, TX 75403-3007
Edfinancial
C/O Aidvantage
PO BOX 300008
GREENVILLE, TX 75403-3008
CRI
C/O Aidvantage
PO BOX 300009
GREENVILLE, TX 75403-3009
Key moments:
00:00 Introduction
00:24 Section 1: General instructions and information
01:01 Section 2: Where to send your application
02:16 Section 3: Help with completing the application
02:20 Section 4: Borrower information
03:14 Section 5: Reference information
03:59 Section 6: List loans to consolidate
08:05 Section 7: Loans you do NOT want to consolidate
09:00 Section 8 and 9: Notices and repayment plan selection
09:11 Section 10: Certification authorizations and signature
09:41 Applying to a student loan repayment plan
📩 Get the brand new 2025 IDR calculator that minimizes your student loan payments so you can use the money on better stuff: www.studentloanplanner.com/student-loan-calculator…
➡️ Book a student loan consult: www.studentloanplanner.com/youtube-discounts/
#IncomeDrivenRepayment #StudentLoans #StudentLoanPayment #StudentLoanForgiveness #StudentLoanPlanner
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