MyFedLoan was once a central name in the U.S. student loan system, especially for borrowers pursuing Public Service Loan Forgiveness (PSLF). Although it no longer services federal student loans, millions of borrowers still search for MyFedLoan to access old records, understand transfers, or resolve lingering loan questions.
This in-depth guide explains what MyFedLoan was, how it worked, where your loans are now, and what borrowers should do today.
What Is MyFedLoan?
MyFedLoan is the borrower-facing brand of FedLoan Servicing, operated by the Pennsylvania Higher Education Assistance Agency (PHEAA). It was one of several federal student loan servicers contracted by the U.S. Department of Education.
For many years, MyFedLoan managed:
- Direct Loans
- Federal Family Education Loan (FFEL) Program loans
- Public Service Loan Forgiveness (PSLF) accounts
Borrowers used the MyFedLoan portal to make payments, submit employment certifications, change repayment plans, and track forgiveness progress.
What Happened to MyFedLoan?
In 2021, FedLoan Servicing announced it would end its contract with the U.S. Department of Education. By the end of 2022, all federal student loan accounts managed by MyFedLoan were transferred to other approved servicers.
This transition affected millions of borrowers, especially those enrolled in PSLF. While MyFedLoan no longer services loans, its name remains widely searched because borrowers still need:
- Old payment histories
- PSLF documentation
- Confirmation of loan transfers
Can You Still Log In to MyFedLoan?
No. The MyFedLoan login portal is no longer active for managing loans or making payments.
However, borrowers can still:
- Access archived documents they downloaded earlier
- Use records transferred to their new servicer
- View federal loan data on StudentAid.gov
If you didn’t save copies of your payment history or PSLF forms, your new loan servicer or the Department of Education should have those records.
Where Are MyFedLoan Loans Now?
After the shutdown, loans were transferred to several servicers, including:
- MOHELA (primarily PSLF accounts)
- Aidvantage
- Nelnet
- Edfinancial
Borrowers were notified by email or mail when transfers occurred. If you’re unsure who currently manages your loans, the fastest way to confirm is by logging in to StudentAid.gov with your FSA ID.
MyFedLoan and Public Service Loan Forgiveness (PSLF)
MyFedLoan played a major role in managing PSLF applications for years. It processed:
- Employment Certification Forms (ECFs)
- Qualifying payment counts
- Forgiveness approvals
When MyFedLoan exited, MOHELA became the primary PSLF servicer. All PSLF records were transferred, including payment histories and qualifying employment data.
Borrowers pursuing PSLF today must:
- Submit PSLF forms through the current servicer
- Monitor qualifying payments with MOHELA
- Keep copies of all documentation
Repayment Plans Previously Managed by MyFedLoan
While active, MyFedLoan supported all major federal repayment options, including:
- Standard Repayment Plan
- Graduated Repayment Plan
- Extended Repayment Plan
- Income-Driven Repayment (IDR) plans such as:
- Income-Based Repayment (IBR)
- PAYE
- REPAYE (now replaced by SAVE)
If you were enrolled in one of these plans, it automatically transferred with your loan. Terms generally remained the same unless updated by the Department of Education.
What Should Former MyFedLoan Borrowers Do Now?
If your loans were once serviced by MyFedLoan, here’s what you should do today:
- Confirm your current loan servicer via StudentAid.gov
- Create an online account with your new servicer
- Review transferred balances and payment counts
- Update autopay and contact information
- Download and store loan records for personal files
Staying proactive helps avoid missed payments, lost forgiveness credits, or reporting errors.
Is MyFedLoan Still Relevant Today?
Even though it’s no longer active, MyFedLoan remains relevant because:
- Borrowers reference it in older loan documents
- PSLF histories originated under FedLoan
- Credit reports may still list “FedLoan Servicing”
Understanding MyFedLoan helps borrowers connect the dots between past loan management and current servicing.
Frequently Asked Questions (FAQ)
- Question: Is MyFedLoan still operating?
Answer: No. MyFedLoan stopped servicing federal student loans after its contract ended. It no longer accepts payments or manages accounts.
- Question: Can I recover old MyFedLoan payment history?
Answer: Yes. Your payment records were transferred to your new servicer. You can also view consolidated federal loan data through StudentAid.gov.
- Question: Why does MyFedLoan still appear on my credit report?
Answer: Credit reports may still list FedLoan Servicing as a historical servicer. This does not mean they currently manage your loan.
- Question: Who handles PSLF now instead of MyFedLoan?
Answer: MOHELA is the primary servicer for Public Service Loan Forgiveness accounts.
- Question: Did MyFedLoan forgive loans?
Answer: MyFedLoan processed forgiveness approvals under PSLF and other federal programs but did not forgive loans independently. Final authority always belonged to the U.S. Department of Education.
- Question: Do I need to contact MyFedLoan for anything?
Answer: No. All loan servicing issues should be handled by your current servicer or through StudentAid.gov.
- Question: What if my qualifying PSLF payments are missing?
Answer: Contact your current servicer and request a review. Payment counts from MyFedLoan were transferred, but errors can occur during large-scale migrations.
- Question: Is MyFedLoan the same as PHEAA?
Answer: Yes. MyFedLoan was the federal loan servicing brand operated by PHEAA.
Final Thoughts
MyFedLoan may no longer exist as an active loan servicer, but its legacy still impacts millions of borrowers navigating federal student loans today. Whether you’re tracking PSLF progress, reviewing old payment records, or simply trying to understand your loan history, knowing how MyFedLoan fit into the system gives you clarity and confidence.