Navient Corporation

US education loan owner, servicer, and refinancing lender

What Navient does

Navient owns and manages large portfolios of US student loans, including government-guaranteed federal loans and private education loans. It also collects payments and manages accounts for student loans owned by others. Through its Earnest brand, it offers new in-school student loans and loan refinancing.

How Navient makes money

It earns interest income on the federal (FFELP) and private education loans it owns, and collects fees for servicing loans held by other institutions. Its Earnest brand adds new loan volume through in-school lending and refinancing.

Products & services

• Earnest student loan refinancing
• Earnest in-school student loans
• Private education loan portfolio
• FFELP federal education loans
• Education loan servicing