FedLoan Servicing Salary

FedLoan Servicing Salary

How much does the FedLoan Servicing Pay for employees?

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As of July 2026, the average annual salary for employees at FedLoan Servicing in the United States is $84,901. This translates to an approximate hourly wage of $41. Salaries at FedLoan Servicing typically range from $74,243 to $97,149 annually, reflecting the diverse roles and experience levels within the company. FedLoan Servicing’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does FedLoan Servicing Pay for Different Roles?

Explore detailed salary information for specific jobs at FedLoan Servicing. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
How accurate does the salary look to you?

Current Job Openings at FedLoan Servicing

Ready for your next career move? Explore current job openings at FedLoan Servicing. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is FedLoan Servicing’s Pay Competitive? Salary Benchmarking Analysis

How does FedLoan Servicing’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
FedLoan Servicing
Edu., Gov't. & Nonprofit
College Advantage
Chyten
Industry Comparison
Our data shows that, on average, compensation at FedLoan Servicing is below the average for the U.S. Edu., Gov't. & Nonprofit industry by approximately 26%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared FedLoan Servicing average annual salary with several similar companies. FedLoan Servicing average salary of $84,901 is lower than College Advantage, which has an average salary of $85,671. It is lower than Chyten, with their average salary at $93,012. This places FedLoan Servicing in a developing position among its peers.
See Your True Competitors
The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

How FedLoan Servicing's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at FedLoan Servicing. Click a company name to learn more.

Employee Reviews: Working at FedLoan Servicing

Considering a career at FedLoan Servicing? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Benefits are good, but salaries tend to lag behind the private sector. The company promotes diversity, inclusion, and collaboration, making it a positive place to work. Leadership tends to favor tenure over merit, which can frustrate motivated employees. This supportive culture not only accelerates professional growth but also strengthens team cohesion and ensures institutional knowledge is effect...
Commented in April 26, 2025
20
3
While the benefits are strong, especially healthcare and pensions, compensation is average. Decision-making take time and communication from upper management can be inconsistent. This combination creates a positive workplace culture focused on both professional growth and meaningful community impact. There’s an emphasis on employee well-being and work-life balance. The organization offers a stable...
Commented in April 03, 2025
44
1
The focus on public service and education feels fulfilling. Peace of mind. It's a reasonable option for someone looking to stay long-term without pursuing ambitious career development. I deeply appreciate dedication to diversity, equity, and inclusion.
Commented in March 05, 2025
26
2

FedLoan Servicing Overview

Website
www.myfedloan.org
Founded In
2015
Employees
<25 employees
Industry
Edu., Gov't. & Nonprofit
Headquarter Address
PO Box 790234 St. Louis Missouri MO 63179
Revenue
$5 Million - $10 Million
Phone Number
+1 6028611070
Social Media
About FedLoan Servicing
Building on PHEAA's 50-plus years of student aid experience, FedLoan Servicing was established by the Pennsylvania Higher Education Assistance Agency (PHEAA) to support the U.S. Department of Education's ability to service student loans owned by the federal government. PHEAA conducts its student loan servicing activities nationally as FedLoan Servicing and American Education Services (AES). FedLoa

What Benefits Does FedLoan Servicing Offer Beyond Salary?

A competitive compensation package is more than just a salary. FedLoan Servicing offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Saint Louis?

Understanding the cost of living near Saint Louis is key to truly evaluating a salary offer or your current compensation at FedLoan Servicing.
Saint Louis' Cost of Living Index is approximately 83.8 (16.2% less expensive than US average; 5.8% less than MO average). Major city, Gateway Arch, affordable housing, MetroLink/Bus. When planning your budget based on a salary from FedLoan Servicing, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $900 - $1,400+ A significant portion of FedLoan Servicing salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $78 (Metro monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $680+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,208 - $3,548+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of FedLoan Servicing

1. What is the typical salary range (low to high) for most roles at FedLoan Servicing?

The typical annual salary range for most roles at FedLoan Servicing is approximately from $74,243 to $97,149. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. How much does FedLoan Servicing pay compared to College Advantage?

The average annual salary at FedLoan Servicing is $84,901, or an hourly wage of $41, in comparison to College Advantage which pays $85,671 per year or $41 per hour.

3. Do salaries differ significantly between departments at FedLoan Servicing?

Yes, salaries often differ between departments at FedLoan Servicing due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at FedLoan Servicing?

Experience level is a significant factor in determining salary at FedLoan Servicing, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from FedLoan Servicing in Saint Louis is fair given the local cost of living?

To determine if a salary offer from FedLoan Servicing in Saint Louis is fair, first compare the gross salary to our data for similar roles at FedLoan Servicing and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Saint Louis" to understand its purchasing power.

6. Why might an individual's actual salary at FedLoan Servicing differ from the ranges shown here?

An individual's actual salary at FedLoan Servicing can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.

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