Who qualifies for economic hardship deferment?
To be eligible, if you’re working full time, your income cannot exceed 150% of the federal poverty guideline. You’re also eligible if you’re receiving certain federal benefits or you’re serving in the Peace Corps. Only full-time workers are eligible.
Can I refinance my student loans through AES?
All AES student loans are eligible for private refinancing, including both federal and private student loans. However, borrowers with federal student loans should carefully consider their options before refinancing.
Do I qualify for deferment?
In-School Deferment You are eligible for this deferment if you’re enrolled at least half-time at an eligible college or career school. If you’re a graduate or professional student who received a Direct PLUS Loan, you qualify for an additional six months of deferment after you cease to be enrolled at least half-time.
What are the different types of AES success student loans?
The different types of AES Success student loans that you can apply through AES include Stafford loans, Graduate PLUS loans, Parent PLUS loans, and alternative loans. One of the significant advantages of AES Login student loans is low-interest rates and flexible repayment options.
How can AES help me pay down my student loans?
This allows you to pay down certain loans before others. AES can help borrowers who are finding it hard to keep up with student loan payments. Some options include changing a due date or learning about options to lower or pause payments.
What are the consequences of a student loan deferment or forbearance?
Even if a deferment or forbearance suspends your monthly payments, you are responsible for repaying accrued interest on all federal and private loans. The only exceptions to this are federal subsidized Stafford loans and federal consolidation loans on deferment. You may become ineligible for certain incentives.
How do I contact AES customer service?
Here are other ways to contact AES customer service directly: American Education Services (AES) services private student loans and federal student loans under the Federal Family Education Loan Program (FFELP). You can determine if AES is your loan servicer by checking the National Student Loan Data System or looking at your credit report.