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Presentation and Overview of ACS Consolidation
Consolidating with ACS
ACS (Affiliated Computer Services) is as well known for its technology and business solutions as it is for its handling of loan issues. ACS uses technology to appeal to the techno-savvy students of the day by making their loan process simple and easy through the use of computers.
Students can apply for loans, handle payments, view their accounts, receive updates and change information online. In addition to making it easy to process and repay loans, they handle a great variety of federal and private student loans from inception to repayment and consolidation.
ACS Loan Consolidation
Various financial aid types are handled under the ACS student loan program. There are a number of private companies and lenders that handle their student loan programs through ACS. The private institutions that process loans through ACS vary by state. ACS also handles a great variety of federal student loans:
Campus Based Student Loans (CBSL) - Perkins, Institutional and Nursing loan programs
Federal Family Education Loans (FFEL) - Stafford and PLUS loans
ACS Consolidation
In addition to making applying for and repaying your student loans a simple process, ACS also handles student loan consolidation. Applying for consolidation and making payments on an ACS consolidation loan are just as simple and easy. You can view all aspects of your loan online as well as make payments and change information.
Loan Benefits
- ACS loan consolidation can help you save money on repaying your education loans by combining all of your smaller loans into one great loan with a simple, single monthly installment.
- ACS saves you money by netting a lower interest rate and offering a longer repayment term so that your billing amount is considerably less.
- You can consolidate all of your federal loans (except HEAL loans) with ACS consolidation whether they are subsidized or unsubsidized as long as you are in good standing on the loan.
- You can choose from a number of repayment plans which include a fixed monthly installment, an installment that increases with time and income sensitive installments which are adjusted annually.
- You are eligible for deferments and forbearances should you have financial issues or return to your studies and are unable to repay the loan.
- There are no charges for early repayment of your ACS consolidation loan.
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