Exactly what can Western Degree Characteristics Assist you with?

Exactly what can Western Degree Characteristics Assist you with?

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Western Degree Features (AES) was a federal loan servicer one procedure FFEL fund. Because FFEL system is abandoned, AES nonetheless covers consumers from inside the payments, therefore properties specific private student education loans to many other loan providers. While the an effective servicer, AES could have been the mark of some issues and you can case, however your choices are limited if you find yourself let down with your servicer.

  • Secret Takeaways
  • Business Assessment
  • AES try a loan servicer to possess federal FFEL fund and several personal student education loans
  • AES was owned by new Pennsylvania Advanced schooling Advice Service (PHEAA)
  • AES and you will PHEAA aren’t government providers; he could be individual enterprises
  • Inside , AES’ moms and dad business PHEAA compensated a class-action suit claiming this new PHEAA on purpose has worked to increase the distance away from borrowers’ payment terms
  • If the AES will be your servicer, the only method to button loan servicers would be to re-finance or consolidate your financing
  • Seasons Based 1963
  • Specialized Site

Western Education Qualities (AES) is actually a student loan servicer to have Government Family relations Student loan (FFEL) system financing. FFEL fund include Stafford Money, Unsubsidized Stafford Loans, Federal As well as Fund, and you may Federal Combination Loans. The newest FFEL system is actually deserted from inside the , however installment loan no credit check Ola, because the their finance will always be into the repayment, millions of consumers have AES as their financing servicer.