An ACS student loan is one that’s serviced by Affiliated Computer Services, Inc., a business that’s known for outsourcing technology and business solutions. Many universities use the ACS student loan because of the company’s reputation for using technology to smooth over a number of the more difficult facets of loan services.
Having an ACS student loan, students may make payments online, instantly see the status of an account, change personal details like name and address, and receive email notification when payments have already been processed.
Several different financial aid programs fall under the heading of an ACS student loan. Among the major ACS student loan groups could be the Study for ACS Chemistry Exam Campus Based Student Loan Program (CBSL), which includes Federal Perkins Loans, Nursing Student Loans (NSL), and Institutional Loan Programs, among others. Another major group of educational loans handled by ACS could be the Federal Family Education Loan Program (FFEL), which includes the Stafford (GSL) Loans, PLUS loans to parents of students, and loan consolidation services. ACS also handles a group of educational loans donated by a number of private companies.
For individuals who don’t curently have an ACS student loan, applications and guidelines for different financial aid options are available online. The ACS website gives a clear exemplory case of how to fill in a Free Application for Federal Student Aid (FAFSA) form, and demonstrates what the outcome mean when it comes to your eligibility for financial aid. Furthermore, applications for both Stafford and PLUS loans for folks may be on the ACS website, and may be completed and submitted online.
When you have an ACS student loan already, you could be enthusiastic about studying the advantages of student loan consolidation. The ACS website provides information and application forms that may assist you to lock in less rate and reduce your monthly payment amount.
Other tools that could assist you to with your ACS student loan include a repayment calculator, IRS guidelines about how exactly to make use of your student loans for tax relief, and a glossary of important student loan-related terms.
In general, an ACS student loan is one which will give the borrower the absolute most ease and flexibility when it comes to loan servicing from application to repayment and consolidation. ACS works with a number of universities across the United States, including the University of Pittsburgh and the University of Vermont. Even though your specific university doesn’t offer student loans handled by ACS, their website is really a treasure trove of helpful tools and information, and worth a look.