Navient Settlement Call 2024. In the settlement with navient, $100 million will be used to make payments to affected borrowers, a federal watchdog agency said thursday. N avient has agreed to pay $120 million as part of a settlement agreement reached with a federal regulator—most of which is expected to go to impacted student.

Along with the ban, navient has also settled to pay $100 million to its impacted student loan borrowers and $20 million in civil penalty fund to consumers. The deal required navient to cancel delinquent private student loan debts for more than 66,000 borrowers and pay $95 million in restitution.