answersLogoWhite

0


Best Answer

Yes, ACS is a useful tool for student loans. Every student's situation is different, but ACS offers student loans as well as consolidation options for those who have existing student loans, often simplifying the loan process for borrowers.

User Avatar

Wiki User

βˆ™ 13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Is ACS a useful tools for student loans?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What are the benefits of an acs student loan?

Many colleges and universities outsource their student loans to ACS (Affiliated Computer Services). An ACS student loan can allow you to borrow enough money to finish a degree at a college or university.


Where can one find more information about ACS loans?

Information about ACS loans can be obtained by accessing the ACS Education website. The website offers a FAQ, as well as multiple pages of information about their loans.


Does ACS offer student loan consolidation?

ACS does not offer student loan consolidation anymore since July 2010. All consolidations should be made through the Direct Loan Program. You can find other useful information on Federal Direct Consolidation Loan website.


What are the requirements to apply for an ACS student loan?

ACS are financially based as well as educationally based. You must show financial need through financial documents such as your student tuition and book fees as well as the paychecks, or tax information to show what finances you have coming in. In addition, you must keep up good grades and provide transcript documentation as proof. Finally, you must be a full time university student. Edit: If possible, DO NOT take out private student loans from servicers like ACS or Sallie Mae. They have higher, monthly changing interest rates and they don't entitle you the same relief options that Federal loans do.


What is the toll-free number for ACS Loans?

"There are many numbers for ACS loans, depending on what type of loan you are interested in. A couple to try: FEEL 1-800-835-4616 and MEFA 1-800-397-8386."


Does ACS offer student loan deferment?

"ACS does offer student loan deferments. They also offer forbearance for a variety of reasons. You will have to qualify for deferment, sometimes forbearance is easier to qualify for. reasons may include being a full-time student or financial hardship."


What features can be accessed 24 hours of the day if registering a student loan account with ACS?

The Department's new Direct Loan servicing website can be accessed 24 hours a day if registering a student loan account with ACS. Information about loan status, application, and required documents are available after logging in.


Does ACS offer different repayment options for loan consolidation offers?

ACS limits the types of consolidated loans that are eligible for an Income Based Repayment (IBR) loan. Any consolidated loan that include a defaulted loan, a private or alternative education loan or Parent Plus loan, are excluded.


When was ACS Nano created?

ACS Nano was created in 2007.


When was ACS Recaş created?

ACS Recaş was created in 1917.


When was Gabor Acs born?

Gabor Acs was born in 1926.


What is the population of Grupo ACS?

Grupo ACS's population is 138,540.