What can American Education Characteristics Assist you with?

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Western Knowledge Features (AES) was a federal loan servicer one to techniques FFEL funds. Because the FFEL system try discontinued, AES still protects borrowers in the repayments, therefore functions particular individual college loans to other loan providers. Just like the a beneficial servicer, AES might have been the prospective of some issues and you will a lawsuit, but your options are minimal while disappointed along with your servicer.

• Secret Takeaways
• Providers Review

• AES are a loan servicer to own government FFEL financing and lots of private college loans
• AES was owned by the fresh Pennsylvania Advanced schooling Advice Institution (PHEAA)
• AES and you will PHEAA commonly government organizations; he is private companies
• When you look at the , AES‘ moms and dad team PHEAA compensated a course-step lawsuit claiming this new PHEAA deliberately did to increase the distance regarding borrowers‘ fees conditions
• If AES can be your servicer, the only way to option mortgage servicers will be to re-finance or combine your own fund

• 12 months Depending 1963
• Official Site

Western Studies Qualities (AES) are a student loan servicer getting Federal Relatives Education loan (FFEL) program fund. FFEL fund include Stafford Loans, Unsubsidized Stafford Finance, Federal Also Funds, and you will Government Consolidation Loans. The newest FFEL program is deserted in , but because the loans continue to be in installment, countless consumers have AES as their mortgage servicer.

What exactly is Western Education Provider?

AES is belonging to the fresh new Pennsylvania Degree Guidance Service (PHEAA) and you can is actually built so you can service and you can be sure FFEL and lots of option individual student loans. Continue reading →