AES Student Loans Background
AES or American Education Services is an education service company providing quality customer service and guarantee to student loan borrowers.
According to official information American Education Services (AES) was established by the Pennsylvania Higher Education Assistance Agency (PHEAA) which is specializing in offering different types of student financial aid services (loan guaranty, loan servicing student aid programs and other).
Applying For AES Loans
AES services Federal student loans (Stafford, Perkins, PLUS) and also private loans. It’s necessary to complete several steps in order to be able to apply for these types of financial aid.
- Fill out the FAFSA (Free Application for Federal Student Aid)
- Receive Student Aid Report (SAR)
- Award Letter Arrives
The first step is to fill out the FAFSA correctly and submit the form. The best way to apply is online at official FASFA website. The truth is more than 90% of students send the application online. In fact, if you have no opportunity to do it using the internet, you can submit a paper application.
After your FAFSA is processed, you should receive a Student Aid Report (SAR) containing the information from the FAFSA. Using this information, financial aid offices will develop an Award Letter and send it to you.
Once you have all documents listed below (FAFSA, SAR, Award Letter).
AES Student Loan Servicing
AES gives online access to all services and features for borrowers. The first step is to create an account in order to be able to use AES online applications and all options. Once all fields of the form completed and your account confirmed, you could login and use following features:
- Three types of payment options – Direct debit, online payments and check payments are available for all users.
- Repayment plan – including five different repayment plans for Federal loans and individual plans for private loans.
- Loan forgiveness program
- Discharge program
- Loans payoff option
There are also other useful options available for AES student loans borrowers. A borrower can reduce payments, consolidate student loan and ask for help. AES has perfect customer support with trained and professional customer service representatives doing all the best to help students.
