Affiliated Computer Services, Inc. is the company that takes care of an ACS student loan. This is a company that is known for outsourcing technology and business solutions. The ACS student loan is used by a lot of universities because the company is known for using technology to make some of the more difficult parts of loan services easier. With an ACS student loan, students can make payments online, check the status of their account right away, change personal information like their name or address, and get an email when their payments have been processed.
An ACS student loan is a broad term for a number of different types of financial aid. Campus Based Student Loan Program (CBSL), which includes Federal Perkins Loans, Nursing Student Loans (NSL), and Institutional Loan Programs, is one of the most important ACS student loan groups. The Federal Family Education Loan Program (FFEL), which is also a big part of what ACS does, includes the Stafford (GSL) Loans, PLUS loans for parents of students, and services to help people combine their loans. ACS also takes care of a group of student loans given by private companies.
Online, people who don't already have an ACS student loan can find applications and rules for different types of financial aid. The ACS website shows how to fill out a Free Application for Federal Student Aid (FAFSA) form and what the results mean for your eligibility for financial aid. Also, you can find applications for Stafford and PLUS loans for parents on the ACS website, where you can also fill them out and send them in.
If you already have an ACS student loan, you might want to learn more about how student loan consolidation can help you. You can find information and application forms on the ACS website that could help you lock in a lower rate and
cut down on your monthly payment.
Other tools that might help you with your ACS student loan include a repayment calculator, instructions from the IRS on how to use your student loans to get tax relief, and a glossary of important terms related to student loans.
Overall, an ACS student loan gives the borrower the most ease and flexibility when it comes to loan servicing, from applying for the loan to paying it back and consolidating it. ACS works with universities all over the United States, like the University of Pittsburgh and the University of Vermont. Even if your school doesn't offer ACS-managed student loans, their website is full of useful tools and information, so it's well worth a look.
