AES student loans are essentially any student loan that is serviced by the company American Education Services. AES doesn’t act as a lender for any student loan, and rather acts as a servicer for a wide-variety of education loans, including various FFELP loans, and numerous private student loans. As a student loan servicer, AES collects [...]
in Repayment, Student Loans,
by Jeff Bullock
in Repayment, Student Loans,
by Jeff Bullock
Paying back student loans is not much different than paying back other forms of debt, although there are some subtle differences that are worth noting, such as the multitude of repayment benefits that typically come with most education loans. These repayment benefits range from deferment, and forbearance, all the way to the variety of payment [...]
in Repayment, Student Loans,
by Jeff Bullock
Forbearance is a way you can go about postponing your student loan payment, and it is not that much different than a deferment, except in one area: Deferments don’t capitalize the interest that accrues during the actual time that you delay the repayment term, a forbearance does. This means that over the long-run a forbearance [...]
in Repayment, Student Loans,
by Jeff Bullock
Deferment is a way you can postpone when you have to make a payment on your student loans. It works as long as the lender of your loan is willing to grant you such a postponement, and is typically a more prevalent option for federal student loan debt. This is because federal education loans inherently [...]
in Student Loans,
by Jeff Bullock
Knowing how to get student loans with no cosigner is critical if you have no credit, or bad credit, and still need to come up with a significant amount of money to pay for your college education. While many students lose hope when they find out that most private student loan lenders will always require [...]
in Private Student Loans,
by Jeff Bullock
This is perhaps the number one question I hear from students, and while the answer is of course “yes”, the truth is that most students won’t be able to get a private student loan without a cosigner because they haven’t had the time to build up their credit history. Private student loan lenders require a [...]
The Federal Perkins Loan Program is a government initiative that is geared towards providing federal education loans to students that demonstrate a very high financial need. Most of the loans that are provided as a result of this program are more commonly referred to as Perkins Loans, and they are much more difficult to get [...]
Student loan consolidation is something that almost any student with education loan debt should take into consideration, as it can potentially reduce monthly payment amounts, as well as decrease the overall costs of student loan debt. Consolidating student loans typically consists of taking out a completely new loan that will pay off the current amount [...]
in Federal Aid, Financial Aid,
by Jeff Bullock
You must satisfy the federal student aid eligibility requirements in order to become eligible for the financial aid that is provided by the federal government. There aren’t too many of these that you must pay attention to, but it is still important that you survey this list before you go ahead and actually fill out [...]
The Free Application for Federal Student Aid, or FAFSA, is the universal application for all types of federal student aid that you must complete and submit each year in order to become eligible for government financial assistance. The good news is that the FAFSA is relatively easy to fill out as long as you are [...]