Navient is an excellent option for military members looking for student loan assistance. The company offers several benefits to help you save money and keep your loans in good standing. If you are currently serving in the military or have been called to active duty, contact Navient to see if you are eligible for any of its benefits.
Navient is one of the leading student loan servicers in the US, with over 12 million customers. With an A+ rating from the Better Business Bureau and a 97% customer satisfaction rating, Navient has provided financial assistance to students for decades. You may have questions on Navient offers some benefits for military members. To learn, read the following.
There are a few benefits that Navient offers military members. The benefit is the interest rate reduction for active duty service members. If you have an existing student loan with Navient and are currently on active duty, you may be eligible for a 0.25% interest rate deduction on your loan.
In addition, Navient offers a forbearance program that allows you to pause your payments for up to 12 months if you are called to active military duty. This can help you avoid defaulting on your loans and keep your credit score from taking a hit.
Finally, Navient offers a co-signer release program. If you have successfully made all of your required payments on time for a certain period, you may be able to have your co-signer released from the loan. This can help you save money on interest and lower your monthly payments. Reach out to customer support for proper guidance.
You can apply for Navient benefits by contacting the company directly. You will need to provide your name, date of birth, Social Security number, and military ID number. You will also need to provide information on the type of loan and when your active duty service began.
You can apply for benefits online or through the mail. For more information on how to apply for Navient benefits, you can visit the company's website or contact customer service.
There are a few different types of Navient benefits available to military members. The interest rate reduction, forbearance program, and co-signer release program are the most common. However, there may be other benefits available depending on your situation. It's essential to contact Navient directly to determine what benefits you may be eligible for.
To prove your eligibility for a Navient benefit, you must provide documentation to the company. This may include your military ID card, a copy of your orders, or a letter from your commanding officer. It's important to remember that the company may require other documentation depending on your circumstances. Contact the Navient support team directly to find out what documentation you need to provide.
You can contact Navient by phone, online, or through the mail. The company's website provides a complete list of contact information, including phone numbers and mailing addresses. You can also find information on applying for benefits on the website.
There is no specific deadline for applying for Navient benefits. However, it's essential to keep in mind that the sooner you use them, the sooner you may be able to take advantage of them. If you are having trouble making your student loan payments, it's vital to contact Navient as quickly as possible to find out what options are available to you.
The best way to find out if you're eligible for a Navient benefit is to contact the company directly. The company will need to know your name, date of birth, Social Security number, and military ID number to determine your eligibility. You can also visit the company's website or contact customer service.
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