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The American Educational Services (AES) offers several different financial aid options to eligible students. These include: Federal Loan Forgiveness Programs \u2013 You can receive up to $23,000 in total debt relief over ten years if you meet certain requirements.
Borrowers who make less than $125,000 per year qualify and married couples with a combined income of $250,000 or less qualify. If you didn't finish college but have federal student loan debt and meet the income requirements, you qualify for forgiveness.
AES doesn't actually lend money, so there is no American Education Services student loan. Its parent company, PHEAA, does offer a private student loan called the PA Forward Loan. AES helps borrowers manage their student loan payments.
AES services commercially held Federal Family Education Loan Program (FFELP) Loans. If you wish to benefit from the recent changes you will need to consolidate your loans into a Direct Consolidation loan before ED completes the implementation of the changes, which is estimated to be no sooner than January 1, 2023.
AES services commercially held Federal Family Education Loan Program (FFELP) Loans. If you wish to benefit from the recent changes you will need to consolidate your loans into a Direct Consolidation loan before ED completes the implementation of the changes, which is estimated to be no sooner than January 1, 2023.
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Check the Federal Student Aid site Studentaid.gov contains information on all federal student loans. It's the easiest way to determine if your loans are federal and get any loan information you may need. If you don't see your loan information on studentaid.gov, you don't have a federal student loan.
The private student loans AES services are not eligible for loan forgiveness. But the federal student loans it servicers can be forgiven under different programs offered by the Department of Education.
American Education Services (AES) is a federal loan servicer that processes FFEL loans. While the FFEL program was discontinued, AES still handles borrowers in repayments, and it also services some private student loans for other lenders.
American Education Services ( AES ) was established by the Pennsylvania Higher Education Assistance Agency (PHEAA) to guarantee and service a variety of Federal Family Education Loan Program ( FFELP ) and private (alternative) student loan products for our lending partners throughout the nation.
American Education Services ( AES ) was established by the Pennsylvania Higher Education Assistance Agency (PHEAA) to guarantee and service a variety of Federal Family Education Loan Program ( FFELP ) and private (alternative) student loan products for our lending partners throughout the nation.

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