Update for February 2013:
You may have received an email from the Direct Loan Servicing Center about your loan being transferred to Sallie Mae. Don’t worry – this email is legit. (assuming the sender’s domain is correct – see screenshot below)
My own student loan was transferred at the beginning of this month (Feb. 2013), and I received the email. I called the Department of Education personally to verify that the email came from them, and they affirmed it.
For reference, here is a screenshot of the email I received:
If you have any specific questions, feel free to leave a comment on this post and I’ll get back to you.
Original Aug. 2011 article:
Correction: If you viewed this post in the past, you probably saw that I had posted a specific email that I previously believed to be a scam. The email referred to a change in the way that the government is handling Direct Loan processing. It turns out the email was indeed not a scam, though it was a very poor and sloppily executed message that looked a lot like one. Read More →