Every day we work hand in hand with parents, teachers, educators and community members to improve Florida's education system for students of all backgrounds and abilities. They will help you figure out the best way to resolve the default based on your individual circumstance. Florida Department of Education 325 West Gaines Street Tallahassee, FL 32399-0400 Phone: (850) 245-0505 ... Bureau of Exceptional Education and Student Services 325 West Gaines Street Tallahassee, FL 32399-0400 Phone: (850) 245-0475 ... Repaying Loans Defaulted Loans Loan Forgiveness Loan Servicers. Our site reflects this cooperative relationship and the role that so many Floridians play in ensuring student success. Hold may be placed on transcripts. Consequences of Loan Default. Welcome to Florida Department of Education’s GED ® Records Site.The Florida Department of Education’s GED ® Testing Office holds the Official GED ® records for those who tested in Florida since 1945. U.S. Department of Education. If you are in default on a federal student loan, the U.S. Department of Education or any entity collecting for this agency can garnish your wages without first getting a court judgment (called an administrative garnishment). Tax refunds may be offset. Defaulted FFEL Program loans may be held by ED or by a guaranty agency. The Department says it will provide timely, “meaningful resolution” to the issues raised through this system and use the information to improve the programs. The data includes students at schools receiving federal student aid who entered repayment on selected federal loans in the given fiscal year and defaulted before the end of the second fiscal year. ED’s Default Resolution Group, at Federal Student Aid, oversees the collections process for all defaulted loans … Our mission is to promote student achievement and preparation for global competitiveness by fostering educational excellence and ensuring equal access. Welcome to the Florida Department of Education's website. The U.S. Department of Education today announced that the three-year federal student loan cohort default rate dropped from 11.8 percent to 11.3 percent for students who entered repayment between fiscal years 2012 and 2013. The data includes students at schools receiving federal student aid who entered repayment on selected federal loans in the given fiscal year and defaulted before the end of the second fiscal year. A state statute allowing the Florida Department of Health to suspend medical licenses for defaulting on a student loan has gotten little attention, until recently. Collection costs will be assessed. Our site reflects this cooperative relationship and the role that so many Floridians play in ensuring student success. Send Email Student Loans ... Our mission is to promote student achievement and preparation for global competitiveness by fostering educational excellence and ensuring equal access.