Finder makes money from featured partners, but editorial opinions are our own. Advertiser Disclosure

What to expect with Navient student loan servicing

How to work with the nation's largest servicer — and what to watch out for.

If you have a student loan, chances are good that Navient is your servicer. Formerly part of student loan company Sallie Mae, Navient handles repayments for more than 12 million federal and private student loans. But big isn’t always better: Several states and the Consumer Financial Protection Bureau have filed lawsuits against the company for mishandling repayments and misleading customers.

How do repayments work with Navient?

Navient allows borrowers to repay loans online, over the phone and by mail. You can also sign up for automatic repayments, which might qualify you for a 0.25% interest rate discount. However, you’ll need to log in to your online account for detailed directions on how to make repayments.

If you’re planning on paying online or over the phone, have your bank account information on hand — you’ll likely need both your account and routing number.

Can I pay off my loans early?

Yes. If you do, you might want to indicate how you’d like your repayments applied. Otherwise, Navient applies additional repayments to your unpaid interest or fees before it goes toward the principal, which can save you less money in the long run.

If you have multiple loans, payments will first apply to the loan with the highest interest rate before going toward other loans unless you provide specific instructions otherwise.

If you make an extra payment online or over the phone, you have the option to specify how much you’d like to pay toward each loan. If you apply by mail, Navient requires a separate letter detailing the loans you’d like your repayment to go toward.

Want to save your directions for extra payments in the future? Log in to your online account and select Overpayment Directions. There, you can set your preferences for advanced repayments Navient receives.

How to contact customer service

Navient offers separate customer service lines for different types of borrowers. Generally, you can phone, fax, mail or log in to your account to get support. If you choose mail, include your account number in your letter.

Navient’s customer service line is open:

  • Monday to Thursday from 8 a.m. to 9 p.m. ET
  • Friday from 8 a.m. to 8 p.m. ET

How to refinance my Navient student loans

Refinancing your Navient student loans involves taking out a new loan to pay off your current student debt load, ideally one with a more competitive rate or term. It’s the only way to change your servicer if you have private student loans, and it’s also an option for federal loans.

However, federal loan holders might want to consider a Direct Consolidation Loan first. It allows you to switch servicers while keeping the perks that come with federal loans, like flexible repayment plans, multiple deferment and forbearance options and public service forgiveness.

Watch who you refinance with. Companies like Earnest and Brazos use Navient as their servicer.

How do I apply for deferment or forbearance with Navient?

If you have federal loans, you’ll complete out a form and send it to Navient. Find out which type of deferment or forbearance you’re eligible for by in our guide to putting your loans on hold. Download a copy of the form by logging in to your Navient account.

Otherwise, reach out to customer service to learn more about your specific options.

How to apply for federal loan deferment

How do I change my repayment plan with Navient?

Federal loan borrowers can change their repayment plan by completing and submitting a form to Navient. Review your options in our guide to repayment programs, then download a copy of the form by logging in to your Navient account.

How to apply for an income-driven repayment plan

Compare student loan refinancing options

Explore your options by APR, minimum credit score, loan amount and loan term. Select the Get started button to start an application with a specific lender.

Name Product APR Min. Credit Score Loan amount Loan Term
Purefy Student Loan Refinancing (Variable Rate)
1.88% to 5.54%
$5,000 - $300,000
5 to 20 years
Refinance all types of student loans — including federal and parent PLUS loans.
Credible Student Loan Refinancing
1.80% to 7.74%
Good to excellent credit
Starting at $5,000
5 to 20 years
Get prequalified offers from top student loan refinancing providers in one place.
SoFi Student Loan Refinancing Variable Rate (with Autopay)
1.74% to 6.59%
Starting at $5,000
5 to 20 years
A leader in student loan refinancing, SoFi can help you refinance your loans and pay them off sooner.
Splash Financial Student Loan Refinancing
1.74% to 6.52%
Starting at $7,500
5 to 25 years
Save on your student loans with this market-leading newcomer.
Education Loan Finance Student Loan Refinancing
1.86% to 6.01%
Starting at $15,000
5 to 20 years
Lower your student debt costs with manageable payments, affordable rates and flexible terms.
Earnest Student Loan Refinancing
1.74% to 5.74% APR with autopay
$5,000 - $500,000
5 to 20 years
Get a tailored interest rate and repayment plan with no hidden fees.
Supermoney student loan refinancing
Starting at 1.9%
No minimum credit score
$5,000 - $300,000
5 to 20 years
Compare options to combine both private and federal debts into one monthly payment.

Compare up to 4 providers

How to avoid common problems with Navient

Navient customers haven’t had it easy. As of January 2019, the company has earned more than 13,000 complaints through the Consumer Finance Protection Bureau alone — enough for the government to file a lawsuit against the company in 2017.

And while it earns an A- from the Better Business Bureau (BBB) based on factors like time in business and transparency, it earns a low 1-star customer rating based on nearly 140 reviews.

Keep an eye out for two top issues borrowers have run into when working with Navient.

Trouble processing repayments

A main complaint of borrowers with Navient is that it sometimes mismanages repayments. Some customers say they had trouble enrolling in autopay, while others were told they owed money they’d already paid.

  • How to avoid it: Make it a habit to check your balance and bank statements to make sure repayments go through. Regularly check your credit report to make sure Navient hasn’t reported on-time repayments as late. And reach out to customer service or consider refinancing if you notice anything wrong.

Trouble adjusting repayments

Many borrowers also report problems registering for a new repayment plan or applying for deferment or forbearance. Some say they were put on the wrong repayment plan, while others were told they weren’t eligible for programs they could have benefited from.

  • How to avoid it: Review your repayment options from an outside source before speaking with Navient. If you’re told you don’t qualify for a program you believe you’re eligible for, reach out to customer service. Otherwise, consider refinancing or consolidating your loans to work with another company.

Lawsuits against Navient

The CFPB and several states, including California and Illinois, have filed lawsuits against Navient over the past few years. The lawsuits accuse the company of:

  • Providing incorrect information to borrowers about their repayment options.
  • Directing borrowers toward more expensive repayment plans.
  • Making it difficult to enroll in income-based repayment plans.
  • Falsely reporting discharged loans as delinquent to credit bureaus.
  • Giving false information about cosigner release options.

A 2017 Department of Education audit found that the company had steered borrowers toward high-cost repayment plans. A Government Accountability Office study in the same year estimated that the average borrower paid an extra $6,742 in interest as a result.

How the Navient lawsuit affects your student loans

What to expect from other student loan services

Granite State Management
Great Lakes

Bottom line

Facing multiple lawsuits, this student loan giant has a reputation for being difficult to work with. It might be worth refinancing or consolidating your loans to get a new servicer if you’re looking to switch your repayment plan or pay off your loan early.

Learn more about how to fund your education in our comprehensive guide to student loans.

Frequently asked questions

How do I get my student loan tax statement from Navient?

Download Form 1098-E for the previous year by logging in to your online account and selecting Tax Statements in the left navigation bar. Tax statements are typically available in the first half of January.

More guides on Finder

Ask an Expert

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

Questions and responses on are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site