| If you have searched for student loans to cover | | | | Stafford Loans, PLUS loans to parents of students, |
| your school expenses, you might be curious about | | | | and ACS student loan consolidation services . In |
| who or what ACS is, and exactly what ACS student | | | | addition, ACS handles a group of alternative loans |
| loans are. | | | | funded by several private companies. |
| So, explain what an ACS student loan is | | | | If you have not yet applied for a student loan, don't |
| It is a loan that is originated and serviced by | | | | let the process intimidate you. All the necessary |
| Affiliated Computer Services, Inc., a company with a | | | | forms and instructions for various financial aid |
| well established market share of business process | | | | programs are available online. The ACS website |
| outsourcing. Many colleges use ACS student loans | | | | provides a clear example of how to fill out a Free |
| because of this company's long standing reputation | | | | Application for Federal Student Aid (FAFSA) form, |
| for handling loan servicing efficiently through the use | | | | and helps you to fathom the results as they relate to |
| of technology. Incidentally, they are the Department | | | | your eligibility for financial aid. In addition, the ACS |
| of Education's primary outsourcing contractor. With | | | | website has applications for both Stafford loans and |
| an ACS student loan, students can easily manage | | | | PLUS loans for parents, which can be completed and |
| their accounts online. They can make payments, | | | | submitted online. |
| check on their account status, revise personal details, | | | | ACS Student Loan Consolidation |
| and get email notification of payments that have | | | | If you already have federal student loans, the ACS |
| been processed. The ACS online interface provides a | | | | website provides information on consolidation loans, |
| convenient method of managing all of your loans in | | | | and application forms. An ACS student loan |
| one place. | | | | consolidation could mean you only have to write one |
| Understanding ACS Student Loans | | | | check each month. It also could help you lock in a |
| One of the major ACS student loan groups is | | | | lower interest rate to bring down your total monthly |
| referred to as the Campus Based Student Loan | | | | payment amount. |
| Program (CBSL). This program includes Federal | | | | So, Why ACS School Loans? |
| Perkins Loans, Nursing Student Loans (NSL), and | | | | Do you like to save time? How about convenience? |
| Institutional Loan Programs. Another major group of | | | | Only having to deal with one entity for your loan |
| student loans that ACS handles is the Federal Family | | | | servicing, from application to repayment to |
| Education Loan Program (FFEL), which includes | | | | consolidation, might be a big plus. |