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Get Default Resolution Group Number

QUICK REFERENCE to SERVICE CENTERS Service Centers for Students Default Resolution Group For questions related to individual loan status and repayment of loans in default and owed to the Department.

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For most federal loans, your student loan servicer will report your account as delinquent to the credit bureaus after 90 days of nonpayment, and you'll be considered in default after you haven't made payments for 270 days.

Default is the failure to repay a loan according to the terms agreed to in the promissory note. For most federal student loans, you will default if you have not made a payment in more than 270 days.

The Default Resolution Group (DRG) is an office of the U.S. Department of Education. It services loans for borrowers who enter into default or if a school or guaranty agency closes.

One way to get out of default is to repay the defaulted loan in full, but that's not a practical option for most borrowers. The two main ways to get out of default are loan rehabilitation and loan consolidation. While loan rehabilitation takes several months to complete, you can quickly apply for loan consolidation.

Log in to studentaid.gov. All federal student loan borrowers have a My Federal Student Aid account they can access with their FSA ID. Sign in to your account, select a loan and look at its repayment status to see if it's listed as in default. Your account also includes information about your servicer, if you need it.

The two main ways to get out of default are loan rehabilitation and loan consolidation. While loan rehabilitation takes several months to complete, you can quickly apply for loan consolidation. However, loan rehabilitation provides certain benefits that are not available through loan consolidation.

Log in to studentaid.gov. All federal student loan borrowers have a My Federal Student Aid account they can access with their FSA ID. Sign in to your account, select a loan and look at its repayment status to see if it's listed as in default. Your account also includes information about your servicer, if you need it.

A Default Clearance Letter is documentation to show resolution of default. If a student is in repayment and stops making payments on student loans without a deferment or forbearance, the loan(s) could go into default. If you are in default on your student loan, you are no longer eligible to receive Title IV funds.

The letter must verify that all defaulted loans with the loan holder have been resolved. ... Attach a personal statement that explains the circumstances surrounding your previously defaulted loans, and describes how you will prevent another loan default from occurring.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232