Is American education services a private loan?

Is American education services a private loan?

American Education Services (AES) is a federal loan servicer that processes FFEL loans. While the FFEL program was discontinued, AES still handles borrowers in repayments, and it also services some private student loans for other lenders.

How do I contact AES?

You may also call 1-800-233-0557 (toll-free U.S. and Canada).

Is Pheaa a federal loan?

PHEAA’s decision comes as the federal agency seeks to revamp its system for collecting student loans. Pennsylvania Higher Education Assistance, a state financial aid agency that manages student loans and grants for the Education Department, said Thursday that it will no longer handle federal loans after this year.

Is American Education Services legit?

If AES is your loan servicer, you might have gotten something in the mail from them—and not known what it is. You may even have thought it was a scam. But, in fact, AES is a legit loan servicing company.

Do AES loans qualify for loan forgiveness?

The last loan forgiveness program for federal student loans with AES is loan forgiveness under the various income-driven repayment plans. The Department of Education offers 4 income-driven repayment options: Revised Pay As You Earn. Pay As You Earn.

Are AES loans federal?

American Educational Services (AES) provides a stable of federal and private student loans as well as federal and private consolidation loans. For customers with federal loans the AES consolidation loan provides repayment of federal guaranteed loans, such as the Stafford, Perkins , and PLUS loans ,…

Is AES private or federal?

AES is a national provider of competitive federal and private student loans for students completing their undergraduate and graduate degrees. They also serve partner lending institutions that require the services of a management company.

What is ACS school loan?

A:ACS school Loans is an online resource for students in need of financial assistance in order to pursue higher education. ACS Loans helps students find the perfect lender with terms and condition which suit the financial position of the student.