Michael's Training
Student Loan Servicing
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All Modules

Six modules covering the foundations of student loan servicing.

1

The Student Loan Servicing Industry

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Understand what a loan servicer does, how the industry is structured, and how federal and private servicing differ.

~15 min
2

Core Loan Concepts & Account Structure

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Master the foundational terms every servicer must know — loan structure, account party roles, and how the lender hierarchy works in a servicing system.

~20 min
3

Payments, Fees & Allocation

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Learn how payments are received, posted, and allocated; how fees work and when they apply; and the mechanics of billing periods and transaction records.

~20 min
4

Repayment Plans & Loan Benefits

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Learn the full range of federal and private repayment options, and the deferment, forbearance, and forgiveness programs that servicers must process.

~15 min
5

Compliance, Risk & Account Status

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Understand the key compliance frameworks, account status terms, and regulatory obligations that govern student loan servicing.

~15 min
6

Loan Types Reference

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A structured reference for the main types of student loans — federal (current and legacy) and private — with key servicing implications for each.

~10 min
Training content developed with the assistance of AI. Always consult your organization's official guidance and current federal regulations.
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