OSLA Student Loan Login Payment Online & Oklahoma Student Loan 

It’s crucial for borrowers of student loans to be aware of their loan servicer. The Oklahoma Student Loan Authority, or OSLA, is one company that administers federal student loans.

Osla Student Loan Login is the ideal option for you if you have a federal student loan. If your federal loans are being serviced by this firm, our OSLA Servicing Calculator may help you discover all you need to know.

What is OSLA?

OSLA was created in 1972 to help with student loans in Oklahoma. However, over time OSLA has become a general federal student loan servicer that you can use as your servicer even if you don’t live in Oklahoma.

OSLA student loan servicing like OSLA manages the paperwork and programs that come with federal student loans. Basically, the government outsources student loan management to a service that helps borrowers log in to manage their loans and collect payments through OSLA.

In addition to making sure you pay your loan, you will need to contact your servicer of school loans for help:

• Income-driven repayment plan
• Deferral and forbearance
• Student loan forgiveness
• Student loan Release

What is Osla student loan service?

Student loan servicers are responsible for collecting and managing your student loan payments. If you have federal student loans, the U.S. Department of Education assigns you a student loan servicer when you make student loan payments to your college or graduate school.

The learning loan may be different from your lender. You take out a student loan from a lender, but you pay a federal family education loan that can help you make payments on your FFEL program loans, but they don’t necessarily act as your financial advisor.

Therefore, it’s important to understand all of your federal programs options, as your student loan debt may be acting in their own best interests, not yours.

Notably, OSLA is no longer servicing Federal Direct Loan Program loans after June 2023. All loans formerly serviced by OSLA are being transferred to Aidvantage. 

Benefits

• If you have loans issued under the now-defunct FFEL program, or if you have a renewed Federal Student Direct Loan, you can now log in to private student loan.
• Check if your service provider is OSLA (or another company) by visiting the National Student Loan Data System (NSLDS). From there, you’ll be able to see all the loans listed along with your services.

OSLA student loan login to online account

1. Access to the official website with link: https://secure.osla.myloanmanager.com/
2. Put your username in the blank field as displayed in the image
3. Select “Log In” to complete

Note: You can save the automatic login for the next time by ticking the box that says “Save Username”.

Recover Username

If you have trouble logging in, you can use the steps listed below to get your userID:

1. Select the text with the link “Forgot Username?” in the account sign-in area
2. Please enter your variable information to confirm your identity including your Social Security Number and Date of Birth (MM/DD/YYYY)
3. Select “Request Username” and follow the next steps as directed by the system

How to enroll

1. Click on “Register” to start creating a new account
2. Please provide 5-step identification information: Identify Yourself, Verification, Account Setup, Security, Confirmation. To move to the next step, click “Continue“
3. Complete the required steps until the OSLA account registration is successful

How to Apply for Student Loans

• Their offices are open during the week to all borrowers from large service providers like Navient or Nelnet who do not advertise in-person visits.
• OSLA’s primary business comes from servicing federal student loans. By the end of 2009, it had serviced $1.6 billion in loan programs.
• Loans are serviced FFELP loans individually for many years and then distributed as direct loans after they created the program.
• In terms of quality of service, OSLA rarely publishes complaints. Honestly, this is refreshing since many services have hundreds of complaints online.
• Whether this is because of OSLA’s small size or because it is a high-quality service provider is unclear. It could be a mix of the two.

Refinance student loans

You can refinance your OSLA’s loan by applying for a new loan from a private lender to pay off your current debt. If you are not satisfied with Legal Aid, student loan refinancing is one of two ways you can switch loan servicers.

Still, it might not be the best option for you. That’s because you’ll lose several important benefits of federal loans. Includes low-interest rates, flexible repayment options, and eligibility for certain forgiveness programs.

If you are dissatisfied with OSLA, consider applying for a Federal Direct Consolidation Loan. This loan allows you to switch services while still enjoying the benefits of a federal loan.

What are the interest rates and fees for myOSLA loans?

All federal student loan fees and lower interest rates are set by Congress. They change periodically, and each year you’ll have new fees and rates. You can find out your current minimum rate by logging in with OSLA to view your account and view your loan listing, or NSLDS to view your loan listing and its terms.

OSLA Student Loan Repayment Options

OSLA offers a variety of payment amount options:

Standard Repayment Plan: Student loan repayment plan can last up to 10 years. If you consolidate your federal student loans, you can repay them for up to 30 years. Payments are fixed amounts of at least $50 per month.

Deferred Payment Program: A Deferred Payment Program gives you up to 25 years to pay off your student loans.

Instalment plan: Instalment plans start with lower monthly payments, usually increasing every two years. The refinance loans period is 10 years (up to 30 years for direct consolidation loans).

Income-driven repayment plan: You can also join an income-driven servicing review plan, which reduces your monthly payments based on your discretionary income. With an income-driven payment method, your monthly payments may be as low as $0. OSLA offers several types of income-driven repayment plans:

• Income Based Repayment (IBR)
• Pay As You Earn (PAYE)
• Modified Pay-As-You-Go (REPAYE)
• Income Contingent Repayment (ICR)

Pay Student Loans to the Office of Legal Aid

The best way to pay your student loans is on the OSLA website. You can use your OSLA loan login.

When you register on the Office of Legal Aid website, you will create an ID and password. Be sure to sign up for the Office of Legal Aid’s automatic payment plan so that your student loan payments are automatically drawn from your bank accounts each month.

This will help ensure you don’t receive any late fees/ money/ cash or negatively impact your credit score. You’ll also get a 0.25% discount on your student loan interest rate when you sign up for autopay.

How to avoid common problems with OLA

As of January 2019, OSLA has received relatively few complaints compared to other federal loan servicers. Only 27 customers filed complaints with the Consumer Financial Protection Bureau (CFPB).

From one point of view, most service providers have hundreds or thousands of complaints. It also has an A+ rating from the Better Business Bureau (BBB) based on factors such as time in business and transparency have two types of federal loans:

1. Improper handling of repayment

Some customers complained to the CFPB that OSLA mishandled their licensed financial professional before making any financial decisions.

A borrower tries to repay one of several loans but ends up with additional federal student loan borrowers spread out.

Details about similar complaints were not made public trust:

‣ How to avoid it: Since OSLA’s website doesn’t provide much information on how to pay off your loan or make financial decisions, sell insurance package, etc. So, please contact customer service for specific instructions.

‣ Check your account after payment is made to make sure they apply as you expect, and if you find any issues please get in touch immediately.

2. Incorrect information reported to credit bureaus

Some borrowers have complained that OSLA misreported information to credit bureaus, affecting their credit scores.

One borrower said OSLA reported their loans were delinquent when they were in hardship deferment. The public also has no access to account information on similar complaints.

‣ How to Avoid: Monitor your account even if your loan is in loan modification.

Get into the habit of checking your credit report regularly. Also, make sure your creditors haven’t misreported your repayments. If you find a bug, please contact OSLA and have them fix the problem.

How to contact OSLA customer service

You can get in touch with OSLA customer service in a number of ways:

• Phone Number: 1-866-264-9762
• Working hours: Monday – Friday 8 am – 5 pm CT
• Email address: DLcustserv@osla.org
• Fax Number: 1-855-813-2224
• OSLA CustomerWebsite Login: Osla.org
• Mailing Address For Loan Payments:

U.S. Department of Education – OSLA
P.O. Box 4278
Portland, OR 97208-4278

• OSLA Mailing Address For General Correspondence:

Oklahoma Student Loan Authority
P.O. Box 18475
Oklahoma City, OK 73154-0475

FAQs