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American Training Features (AES) try a national financing servicer one to process FFEL money. Since the FFEL program was abandoned, AES however covers borrowers from inside the repayments, also it attributes some private figuratively speaking some other loan providers. Since the an excellent servicer, AES might have been the mark of a few complaints and case, but your options are minimal while disappointed along with your servicer.
- Secret Takeaways
- Company Overview
- AES was that loan servicer having government FFEL funds and many personal college loans
- AES was owned by the fresh Pennsylvania Advanced schooling Assistance Agencies (PHEAA)
- AES and you may PHEAA are not authorities businesses; he’s personal organizations
- Within the , AES’ parent company PHEAA settled a course-step suit stating the newest PHEAA deliberately worked to increase the length from borrowers’ fees terms
- If AES can be your servicer, the only way to switch financing servicers will be to refinance or consolidate the finance
- Year Dependent 1963
- Certified Website
Western Studies Functions (AES) are a student-based loan servicer to own Government Household members Education loan (FFEL) program finance. FFEL money are Stafford Financing, Unsubsidized Stafford Loans, Federal Including Funds, and you can Federal Integration Fund. New FFEL program try discontinued in , however, while the its fund are nevertheless for the cost, an incredible number of consumers still have AES because their loan servicer.
