Student Loans

AES Student Loans Reviews 2022: Are AES Student Loans Legit or Fraudulent?

The presence of AES student loans has been rewarding for students as it supports the  U.S.  Department of Education’s ability to service federally owned student loans.

American Education Services (AES) is one of the largest student loan servicers in the United States, servicing federal and private student loans held by millions of students.

This article will tell you everything you need to know about AES student loans and its features in detail.

Before going any further, here is a brief overview of what will be discussed in the post.

American Education Services (AES) is a loan servicing company established by the Pennsylvania Higher Education Assistance Agency (PHEAA) to underwrite and service a variety of Federal Education Loan Program products (FFELP) and private (alternative) student loans for our lending partners across the country. PHEAA administers its student loan servicing business nationwide as AES and FedLoan Servicing.

AES is a national leader in providing quality customer service to millions of student borrowers through its highly trained and experienced customer service representatives.

What is AES Student Loan?

American Education Services is a student loan services company that manages repayment student loan accounts.

The AES Student Loan was established by the Pennsylvania Higher Education Assistance Agency (PHEAA) to underwrite and service a variety of Federal Family Loan Programs (FFELP) and private (alternative) student loan products for our lending partners across the country. 

What does the US Educational Services do?

AES is a national leader in providing quality customer service to millions of student loan borrowers through its highly trained and experienced customer service representatives.

As a student loan servicer, American Education Services handles billing and other services required for student loans. AES does not issue student loans but rather acquires loans from other financial institutions like the US Department of Education and other private lenders.

In addition, American Educational Services underwrites and services a variety of Federal Family Educational Loan Programs (FFELP) and private (alternative) student loan products for our lending partners across the country.

In addition to the aforementioned functions, AES performs a number of other essential functions, including:

  • Help borrowers manage and adjust payment due dates.
  • Support various federal income-based reimbursement plans in addition to the standard reimbursement plan.
  • Borrowers eligible for student loan discharge and discharge.
  • Help borrowers understand their deferment and forbearance options in the event they cannot afford to make payments.
  • Make AES student loan payments.
  • You Can Manage It, which offers simple advice on how to handle common financial situations for students and recent graduates.

Are AES loans federal or private?

American Education Services, is a loan servicer to millions of borrowers. It serves many Federal Family Education Loan Program (FFEL) loans as well as private loans. However, many of the private loans they make are owned by National Collegiate Student Loan Trusts.

How to Create an AES Student Loan Account

To create an American Educational Services loan account, there are certain steps to follow. However, the first of all is to visit their official website where you will be asked to provide personal information and details. The process is very simple and self-explanatory.

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