AESsuccess - American Education Services (AES Success)

AESsuccess - American Education Services (AES Success)

AESsuccess is for the students who wish to clear their loan before due date. Login to American Education Services or AES Success using portal.

American Education Services (AESsuccess) could even be a student loan servicer too many borrowers within the U.S. It specifically services private loans and federal loans through the Federal Family Family Education Loan (FFELP) program.

If you’re among those with AESsuccess student loans, you'd possibly have questions on what AES actually is and thus the way this company can actually assist you manage your student debt. Here’s that borrowers with AES student loans should know.

What Is American Education Services (AESsuccess)?

American Education Services could even be a student loan servicer—a company that manages student loan accounts through repayment. It’s also one among just a couple of of of loan service that contract with the Department of Education to manage student loans issued through federal programs.

AESsuccess is owned by the scholar aid organisation Pennsylvania education Assistance Agency, also called PHEAA. PHEAA could even be an enormous provider of student loan services at the national level.

This includes an outsized federal student loan portfolio. As of March 2020, PHEAA serviced $374.3 billion federal student loans held by nearly 8 million borrowers, consistent with the office of Federal Student Aid.

PHEAA provides student loan services at a national level through AES and FedLoan Servicing. While AESsuccess and FedLoan are sister companies, they're different student loan service that operate separately.

  1. AESsuccess manages PHEAA’s portfolio of personal student loans and federal student loans through the now-discontinued FFEL Program.
  2. FedLoan Servicing services student loans that are federally owned, including Direct Student Loans.

Access Federal Student Loan Benefits

According to its site, AESsuccess can assist you discover , apply for, and use protections and programs offered to federal student loan borrowers.

This includes:

  • Lowering or adjusting payments with federal repayment plans like graduated and income-based repayment
  • Postponing payments with deferment or forbearance
  • Learning about programs to forgive, cancel, or discharge federal student loans
  • AESsuccess student loan consolidation
  • Rehabilitating AESsuccess student loans in default

Read More : AES Success

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