Understanding ACS Student Loans

If you have been shopping for student loans to carry your school tuition, you might be asking who or what ACS is, and exactly what ACS student loans are.

So, just what is an ACS student loan?

It is a loan that is originated and serviced by Affiliated Computer Services, Inc., a company with a well established market share of business process outsourcing. Many colleges use ACS student loans because of this company's outstanding reputation for efficient loan servicing through the use of technology. Interestingly, they are the Department of Education's primary outsourcing contractor. With an ACS student loan, students are able to easily manage their accounts online. They can make payments, look in on their account status, review personal details, and get email notification of payments that have been processed. The ACS online interface provides a convenient way of managing all of your loans in one place.

Understanding ACS Student Loans

One of the major ACS student loan groups is referred to as the Campus Based Student Loan Program (CBSL). This program includes Federal Perkins Loans, Nursing Student Loans (NSL), and Institutional Loan Programs. Another major group of student loans that ACS handles is the Federal Family Education Loan Program (FFEL), which includes Stafford Loans, PLUS loans to parents of students, and ACS student loan consolidation services . In addition, ACS handles a group of alternative loans funded by a number of private companies.

You needn't be intimidated by the application process for student loans. All the guidelines and applications for various financial aid programs are available online. The ACS website provides a clear example of how to complete a Free Application for Federal Student Aid (FAFSA) form, and helps you to fathom the results as they relate to your eligibility for financial aid. Also, the ACS website has applications for both Stafford loans and PLUS loans for parents, which can be filled out and submitted online.

ACS Student Loan Consolidation

If you already have federal student loans, the ACS website provides information on consolidation loans, and application forms. An ACS student loan consolidation may mean you only are required to write one check each month. It also might help you lock in a lower interest rate to bring down your total monthly payment amount.

So, Why ACS School Loans?

Maybe the convenience and time saving aspects of managing all of your student loans online appeals to you. Only having to deal with one entity for your loan servicing, from application to repayment to consolidation, is certainly a plus.


So, get all the details on ACS Student Loans, and ensure that you won't be caught short paying those college expenses. ACS-Student-Loans.net