AES Student Loans Review

American Education Services is a private company that offers information and applications for a variety of governmental and private financing options for students all under one roof. Their website http://www.aessuccess.org/ allows students and their parents to compare various college loan programs, search out financial aid and scholarships available at various schools, practice and prepare for standardized tests include the SAT, ACT, GRE and GMAT.

In addition to offering lots of student loan and financial aid information, AES student loans sponsors a website www.youcandealwithit.com that helps students and graduates learn to manage money, student loan obligations, budgeting, credit cards and offers ways for graduates who are having problems with repayment to defer or consolidate their outstanding student loans.

In addition the financial features and loan applications, prospective college students and their parents can search a database of over 4,000 colleges, order information packets and admission applications, and review requirements and available financial aid. A scholarship search feature boasts over $8 billion in available aid to qualifying students.

Graduates with outstanding loans with AES can make payments on their loans directly from the AES website. Military personnel can research armed forces loans and also deferment and forbearance options from the site.

On the loan information page http://www.aessuccess.org/find_aid_for_school/index.shtml students and their parents can compare different kinds of loans and weigh their options. Detailed explanations of different types of loans are available, and applications for each can be made directly from the website.

In general, student loans are broken down into four basic categories: Stafford Loans (loans sponsored by the US federal government), Parent Plus Loans (loans to parents wanting to pay for their child’s education), Graduate Plus Loans (loans to graduate students who need to fill the gap between financial aid and the actual cost of their graduate education), and Alternative Loans (loans to consider after free aid and federal loan products have been exhausted).

AES also provides excellent information and help with filling out the FAFSA, or Free Application for Federal Student Aid, which is the first necessary step in applying for loans and grants. Students and their parents can fill out and file the FAFSA form directly from the AES website, or they can download the form, print it out, and mail it in. FAFSA worksheets are available in English or Spanish at the AES website.

Prospective college students can set up their own internet college application and financial aid calendar at the AES website, and be notified via email or text message about deadlines and upcoming events. Students can customize their calendars and AES account to prioritize what is most important for them.

With many states and lenders pulling back on student loans because of the credit crunch and the hardships faced by state and local government, the AES website can be an invaluable tool for parents and students seeking other resources and possibilities for funding a college education. The AES student loan site pulls together so much disparate but helpful information that anyone contemplating a college or graduate education would be well advised to spend as much time researching the AES site and all their available options as soon and as often as possible.