File a Student Loan Servicer Complaint
Student Loan Complaints:
The Department of Banking pursues complaints against Student Loan Servicers, either federal or private. Servicer issues can include the following: crediting principal and interest payments, falling behind on payments, misapplied payments, interest rate calculations, requesting a new repayment plan, servicer changes, and loan consolidation.
How do I submit a complaint?
If you fall behind on your student loan payments or experience issues such as those listed in the box above, refer to the following steps:
- Attempt to resolve the dispute by directly contacting the Student Loan Servicer. If your issues relate to choosing a new repayment plan or consolidation questions, you may need to state the exact plan that you want to the Customer Service Representative. You may also need to request that your case be escalated to a supervisor or manager.
- Once you are working with a Student Loan Servicer supervisor or manager, evaluate whether or not your issue is being resolved in a timely manner. If it is not, send your questions in writing to the servicer’s headquarters by certified mail. Give the company a specific time to respond to you.
- If your servicer does not respond to you in a timely manner, you may also follow up with the company’s Ombudsman Program, if available. See a complete list of known ombudsman programs by servicer.
- If the company’s Ombudsman does not respond in a timely manner, contact the U.S. Department of Education's Federal Student Aid (FSA) Ombudsman Group and see if they can provide you with assistance.
U.S. Department of Education
FSA Ombudsman Program
830 First Street, NE
Washington, DC 20202-5144
Phone: (877) 557-2575 (toll-free)
Fax: (202) 275-0549
- If your issue is still not resolved with the servicer, or the company’s ombudsman, or if you believe they are not being truthful about your options, or are being unresponsive, you may file a complaint the Department of Banking using the Online Consumer Assistance Form.
- You can also determine if the Student Loan Servicer is licensed by the Department of Banking using Nationwide Multistate Loan Servicing (NMLS) Consumer Access. This website that allows the public to view information concerning the Student Loan Servicer to resolve your dispute.
- If the Student Loan Servicer is not listed as licensed in Connecticut in NMLS, the Department of Banking pursues complaints against unlicensed companies that are conducting Student Loan Servicing activities for Connecticut residents.
Online Customer Assistance Form
The CFPB Private Education Loan Ombudsman was created to assist private student loan borrowers. You may file a private student loan complaint using the online student loan complaint form.
P. O. Box 4503
Iowa City, IA 52244
- Student Loan Repayment Guide, which includes links to other Connecticut and national resources for federal and private loans. Available in several languages.
- Connecticut Office of Higher Education
- Connecticut Higher Education Supplemental Loan Authority (CHESLA)
- CT Dollars & Sense, a one-stop shop for helping to plan, save and pay for college.
- U.S. Department of Education -repayment, consolidation, and postponement options for federal loans
- Consumer Financial Protection Bureau (CFPB):
- CFPB Questions About Student Loans
- CFPB Private Education Loan Ombudsman - created to assist private student loan borrowers. You may file a private student loan complaint using the online student loan complaint form.
- Tips for student loan borrowers
- Repay student debt - Know your options
- National advocate: National Consumer Law Center
- U.S. Department of Education's Federal Student Aid Office:
Telephone Direct: 860-240-8170
Toll-free: 1-800-831-7225, press option 2
Foreclosure Assistance Hotline: 1-877-472-8313
By Email: email@example.com
This is an unsecured e-mail address for general questions. Please do not include personal identifying information such as Social Security and/or account numbers, birth date, user ID, or passwords using this unsecured e-mail address. To send a Secure Message log into the Online Assistance Form.