Student Loan Scams


Student loan scams are rampant and becoming more sophisticated

People have reported receiving legitimate sounding phone calls, emails, letters, and/or text messages offering them relief from their student loans or warnings about pending student loan forgiveness timelines.

If NMEAF is your loan servicer, please note:

  • We will never charge you a fee for helping with your student loans.
  • We will never promise immediate and total loan forgiveness or cancellation.
  • We will never ask you for your FSA ID or password.

We are here to help you find and enroll in the best Federal Student Loan repayment plan. Enrollment in federal student loan repayment plans is always available to you free of charge. Repayment plans and programs are set by Federal law and no company can negotiate on your behalf in order to get you a better deal.  

NMEAF offers low fixed rate student loan refinancing that helps some borrowers save money and/or shorten their repayment periods. 

We’re Here to Help You for Free

If you are having Trouble Making Payments or have questions about your student loan contact us. Our friendly and knowledgeable Albuquerque, New Mexico based team is here to help you 8am – 5pm Monday – Friday (MT)

Email us:
Toll Free: 1-800-279-5063 
Local: 505-345-3371 
Contact us through your Account Access Login about your existing loans

Here’s some advice to remember if you get contacted by a company claiming student loan debt relief:

Never give them your Social Security Number or FSA ID

Ask them if they are affiliated with the Department of Education.

(If they claim they are, tell them you will check them out and call them back after you verify this claim.)

Ask if you can do what they are offering on your own for free.

(Enrollment in all repayment and forgiveness plans is cost-free).

Additional Resources for Student Loan Scams

Learn more about student loan scams from Federal Student Aid.

See student loan scam warnings from CFPB.