Navient

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Navient is a financial services company that primarily focuses on student loans. Their main products and services include:
1. Federal and Private Student Loans: Navient offers both federal and private student loans to help students and their families cover the cost of higher education. These loans can be used to pay for tuition, fees, books, and other educational expenses.
2. Student Loan Servicing: Navient also acts as a loan servicer for federal and private student loans, managing the repayment process for borrowers. This includes billing, payment processing, and customer service for managing the loan account.
3. Loan Repayment Options: Navient offers various repayment options for borrowers, including income-driven repayment plans, consolidation, and deferment or forbearance options. They also provide resources and tools to help borrowers understand their repayment options and manage their loans effectively.
4. Loan Forgiveness Programs: As a federal loan servicer, Navient helps borrowers navigate and apply for loan forgiveness programs, such as Public Service Loan Forgiveness and Teacher Loan Forgiveness.
5. Loan Origination Services: Navient helps schools and organizations originate and manage private student loans through their Private Education Loan Origination Program.
6. Financial Wellness Resources: In addition to loan products and services, Navient also offers financial wellness resources to help borrowers make informed decisions about their personal finances. This includes articles, webinars, and tools on topics such as budgeting, credit, and financial planning.
7. Loan Counseling: Navient offers free loan counseling to help borrowers understand their loan options and make informed decisions about their repayment plan. They also provide resources on how to avoid default and manage financial difficulties.
8. Business Solutions: Navient also offers business solutions such as asset recovery and loan and portfolio management for investors, lenders, and financial institutions.
9. Online Tools and Resources: Navient has a variety of online tools and resources for borrowers to manage their loans, including an online account portal, mobile app, and financial calculators.
10. Education Finance Partnerships: Navient partners with schools and organizations to provide education financing options and support to students and families. This includes scholarships and financial literacy programs.