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* Once you are informed of your new student loan servicer, you can begin sending student loan payments to your new student loan servicer.
* Once that happens, make sure to update auto payments.
**DOCUMENT ALL PAYMENTS YOU HAVE MADE BEFORE THE TRANSFER**
Under DeVosβ new plan, you might start making student loan payments through a centralized platform, https://t.co/DxQeAALqJ9, rather than through the individual student loan servicer websites.
What you should do next
If Nelnet or Great Lakes service your federal student loans:
*Donβt panic.
* Keep making your regular monthly student loan payments to Nelnet or Great Lakes.
* You donβt need to apply for a new student loan servicer.
* The Education Department will assign you a new student loan servicer.