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Western Education Functions (AES) is a federal loan servicer that techniques FFEL financing. Due to the fact FFEL system try deserted, AES still covers individuals in the costs, and it attributes specific personal student education loans with other lenders. Because the a great servicer, AES might have been the goal of a few grievances and you will a lawsuit, however your options are minimal if you’re unhappy with your servicer.
- Key Takeaways
- Company Overview
- AES are that loan servicer to own federal FFEL finance and many individual college loans
- AES is actually owned by the fresh Pennsylvania Higher education Assistance Company (PHEAA)
- AES and PHEAA commonly regulators businesses; they are individual enterprises
- When you look at the , AES’ mother team PHEAA paid a course-action suit claiming the fresh PHEAA purposely has worked to increase the exact distance away from borrowers’ cost terminology
- In the event the AES is your servicer, the only method to key loan servicers would be to refinance or consolidate your own finance
- Seasons Based 1963
- Official Site
Western Degree Properties (AES) are a student loan servicer getting Government Loved ones Education loan (FFEL) program loans. Continue reading Exactly what do American Training Characteristics Assist you with?