So, what is an ACS student loan?

Posted by Mark | Thursday, July 14, 2011 | | 0 comments »

If you have been inquiring about loans for school, you probably have heard of ACS student loans. And the fact that you're reading this shows that you're curious to learn more.

So, what is an ACS student loan?

An ACS student loan is one that is obtained through Affiliated Computer Services, Inc., a company that is well known for outsourcing of business processes. The company's strong reputation for servicing loans efficiently through the use of technology, has won them contracts with many colleges and universities. In fact, they are the Department of Education's primary outsourcing contractor. Students are able to manage their ACS loan accounts online. They can make payments, see their account status, update personal details, and receive email no tification of payments that have been processed.

Other helpful tools that ACS provides on their website include a repayment calculator, IRS guidelines about student loans, and a glossary of important terms.

ACS student loans offer a convenient way of managing all of your loans in one place. ACS also acts as an outsourcer for colleges and universities that have campus based programs which lend money to their students. This frees up the college from keeping track of all the financial details, allowing them to better focus on education. ACS also coordinates with other financial institutions to help match up each student with the lender that is best suited to their needs.

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