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Student Loans
With the recently enacted Health Care and Education Affordability Reconciliation Act of 2010 (H.R. 4872), the Federal Family Educational Loan (FFEL) Program has been eliminated. Private lenders, like Amalgamated Credit Union no longer have a role in originating or funding federal Stafford, PLUS or Consolidation loans. Beginning July 1, 2010 all new federal student loans will be issued via the William D. Ford Direct Loan Program.
Effective May 13, 2010 we are no longer accepting new applications for student loans through the Federal Family Educational Loan Program. Contact your school’s financial aid office for more information on securing federal student loans.
For questions or service related to an existing Federal Family Educational Loan secured through Amalgamated Credit Union, contact our chosen servicer, Great Lakes at 1-800-236-4300, or at www.mygreatlakes.org.
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