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Federal Student Loan Processor Work Jobs (NOW HIRING)

Loan Processor

San Diego, CA · On-site

$23 - $25/hr

Support Specialists work closely with Customer Service Representatives and Underwriters to ensure the accurate and timely processing of Ascent Student Loans. In This Role, You Will: * Support ...

Loan Processor

San Diego, CA · Hybrid

$23 - $25/hr

Support Specialists work closely with Customer Service Representatives and Underwriters to ensure the accurate and timely processing of Ascent Student Loans. In This Role, You Will: * Support ...

Loan Processor

Denver, CO · On-site

$55K - $70K/yr

This work includes partnering with Loan Officers and Loan Partners, working directly with borrowers ... Loan Processor responsibilities are: * Drive and manage all SLA deadlines to achieve quality ...

Loan Processor

Plantation, FL · Remote

$19.25 - $25.50/hr

Most mortgage processors work at a lending institution office. Responsibilities and Duties · Interview prospective loan applicants and assist them in finding the best loan products for their needs ...

Loan Processor

Bourbonnais, IL · On-site

$18 - $24.25/hr

Work closely with Loan Originators and Underwriters to resolve issues, address conditions, and ... loan process.   Minimum Qualifications: * High school diploma or equivalent is mandatory; a ...

Loan Processor

Anaheim, CA · On-site

$19.75 - $26.25/hr

Loan Processor As a Loan Processor, you will play a vital role in our wholesale lending operations ... Work closely with Loan Officers and Underwriters to resolve issues, address conditions, and clear ...

Loan Processor

Bourbonnais, IL · On-site

$18 - $24.25/hr

Loan Processor As a Loan Processor, you will play a vital role in our lending operations ... Work closely with Loan Originators and Underwriters to resolve issues, address conditions, and ...

Loan Processor

Jacksonville, FL · On-site

$17.50 - $23.25/hr

Work closely with Loan Officers and Underwriters to resolve issues, address conditions, and clear ... loan process.   Minimum Qualifications: * High school diploma or equivalent is mandatory; a ...

... and loan processing platforms. * Monitor compliance with federal, state, and institutional ... Ability to work independently and collaboratively in a fast-paced environment. Salary Range: $65 ...

Employees work as a team to create a company fueled by the desire to best serve each other and our ... We comply with all federal, state and local equal employment opportunity regulations. We conduct ...

Loan Processor

Abercrombie, ND

$17.50 - $23.25/hr

... Federal Credit Union, etc. Reviews the completed file to assure that all mortgage processing ... Physical Demands and Work Environment: While performing the duties of this Job, the employee is ...

Loan Processor

Horace, ND · On-site

$18.50 - $24.50/hr

... Federal Credit Union, etc. Reviews the completed file to assure that all mortgage processing ... Physical Demands and Work Environment: While performing the duties of this Job, the employee is ...

Loan Processor

Fargo, ND · On-site

$18.50 - $24.50/hr

... Federal Credit Union, etc. Reviews the completed file to assure that all mortgage processing ... Physical Demands and Work Environment: While performing the duties of this Job, the employee is ...

Loan Processor

Abercrombie, ND

$17.50 - $23.25/hr

... Federal Credit Union, etc. Reviews the completed file to assure that all mortgage processing ... Physical Demands and Work Environment: While performing the duties of this Job, the employee is ...

Loan Processor

Fargo, ND

$18.50 - $24.50/hr

... Federal Credit Union, etc. Reviews the completed file to assure that all mortgage processing ... Physical Demands and Work Environment: While performing the duties of this Job, the employee is ...

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Federal Student Loan Processor Work information

See salary details

$13

$21

$30

How much do federal student loan processor work jobs pay per hour?

As of Jun 9, 2026, the average hourly pay for federal student loan processor work in the United States is $21.30, according to ZipRecruiter salary data. Most workers in this role earn between $18.03 and $24.04 per hour, depending on experience, location, and employer.

What is the difference between Federal Student Loan Processor Work vs Federal Student Loan Collector?

AspectFederal Student Loan Processor WorkFederal Student Loan Collector
Primary RoleReview and process loan applications, verify borrower information, and ensure compliance with federal guidelines.Contact borrowers to collect overdue payments, negotiate repayment plans, and enforce loan repayment.
Work EnvironmentOffice setting, often within government agencies or financial institutions.Call centers or field offices, engaging directly with borrowers.
Required CredentialsHigh school diploma or equivalent; some roles may prefer post-secondary education or certifications.High school diploma or equivalent; strong communication skills are essential.

While both roles involve working with federal student loans, the Processor focuses on managing and verifying loan applications, whereas the Collector concentrates on recovering overdue payments. They share similar work environments and credential requirements but serve different functions within the student loan industry.

Infographic showing various Federal Student Loan Processor Work job openings in the United States as of June 2026, with employment types broken down into 13% Full Time, 37% Part Time, 25% Temporary, 19% Contract, and 6% Nights. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $44,308 per year, or $21.3 per hour.
Loan Processor

$23 - $25/hr

Temporary

Posted 11 days ago


Job description

Job Type
Temporary
Description
Ascent is a leading provider of innovative financial products and student support services that enable more students to access education and achieve academic and economic success. Everything Ascent offers is designed with the best-in-class teams and technology to increase every student's ability to plan, pay, and succeed in their education and career. Ascent's planning tools and financing resources are co-created by students for those in college, graduate school, and career training programs. Ascent offers financial wellness education, student success services, and one-on-one and digital career coaching that put students' academic and professional goals within reach. Ascent has been widely recognized for its strong culture - named "Best Places to Work" by the San Diego Business Journal for the past 5 years - and as an industry leader - named "Best Student Loan" by NerdWallet for the past 3 years.
The Loan Processor is responsible for the timely processing and review of new student loan application requests in a paperless environment. Support Specialists work closely with Customer Service Representatives and Underwriters to ensure the accurate and timely processing of Ascent Student Loans.
In This Role, You Will:
  • Support Customer Service with Inbound/outbound calls and e-mails
  • Review student loan applications and documentation within credit policy requirements and in compliance with all regulations.
  • Review and verify the accuracy of borrower provided documents and identify red flags within the documentation.
  • Follow-up calls on outstanding conditions to perfect open applications
  • Provide prompt, accurate communication and responses to all internal and external customer inquiries as it relates to income and credit scenarios, documentation requirements, and the loan underwriting process.
  • Collaborate on operational processes across multiple departments.
  • Support various ad-hoc tasks and projects as needed
  • Dev Team analyst: testing environment

Requirements
  • Four years of customer service, mortgage processing and or student loan processing.
  • Knowledge of Know Your Customer regulations and Identity verification.
  • Experience working with paperless loan origination systems.
  • Experience reviewing and interpreting credit reports.
  • Excellent verbal and written communication skills.
  • PC literate with good computer skills and a working knowledge of common business and application software.

Qualities we look for in our candidates:
  • Creative self-starter with strong product sense that can dive into details, find solutions to customer problems, and lead cross-functional teams from concept to launch.
  • An eagerness to learn and grow your skills, a drive to succeed, and a passion for the work.
  • All-around good team player who is approachable and dedicated to helping others succeed.

Compensation & Schedule:
  • Compensation includes an hourly rate of $23.00-25.00 per hour
  • Commuter monthly allowance
  • Hybrid work flexibility (Tuesday, Wednesday, and Thursday in office)
  • Must be flexible with schedule and have weekend availability

This is a temporary to permanent, hybrid role in located San Diego, California.
Salary Description
$23.00-25.00/hr