3 Things Students Need to Know About Their ACS Loans

The best thing that someone can do for themselves is to get a quality education.

However, there is a price tag on that education. Deciding to pursue college or technical training is a great way to ensure a successful future. So, money should never be the deterrent to learning.

There are a handful of ways to find money for college. Most students across the globe choose to take out an educational loan of some kind to help pay for tuition, books, and living expenses.

One of the most alluring aspects of a student loan is the timeframe allowed to repay. But, making sure to pay off the loan in full is extremely important.

Technology has come to the rescue to help streamline this educational funding. It’s in the form of ACS loans, short for Affiliated Computer Services. This category of loans encompasses most every student loan using an online platform.

Although these easily accessible online loans are convenient and easy to use, there are a few things that students really need to know and understand.

Check out this top 3 list of important information regarding ACS loans.

Top 3 FYI’s for ACS Loans

There are all kinds of ACS loans and loan providers for students to access.

Many of these loans, though, can be relatively specific to a program of study or a certain type of demographic. There are others, though, that are predominantly open and available for all types of students.

Here are the 3 main questions that students may have when trying to figure out ACS loans.

1. What Are ASC Loans?

ACS loans are not from one specific company or vendor. They are a certain type of loan that is characterized by being web-based and globally accessible.

These servers are responsible for dealing with every aspect of a student account. Payments, customer service, defaults, credit reporting, and any other component of a student loan.

A highly attractive aspect of ACS school loans is that it’s a one-stop-shop for students. Accounts are protected by student created passwords. Once logged on, a student can access any and every part of their account, as well as change personal information.

ACS loans are easy to monitor, maintain, and repay.

2. How To Get An ACS Loan?

First and foremost, students will need to go online and fill out a FASFA (Free Application for Federal Student Aid).

Students and parents will need to have personal, as well as financial (i.e. tax returns, incomes, financial debt, etc) information available when filling out this online form. Once completed, this form will be on file for any scholarships, grants, or loans that students may apply for.

Once the FAFSA is completed and on file, students will be sent a Federal Student Aid Report. This report will alert students of any/all loans they can be awarded or qualify for, in a simple and easy to read document.

There are all kinds of ACS loans. Students and parents will want to do a bit of homework to understand the qualifications of each loan, as well as the repayment expectations. After all, a loan is a loan. The money must be repaid, so borrowers want to be aware of the fine print.

Not only should students and parents evaluate all the different types of loans, but they may want to Google reviews of each. This way, a strong decision can be made based on knowing the good and bad of each loan type without any big surprises.

3. What Are The Pros and Cons Of ACS Loans?


One of the largest pros of having ACS loans is the ability to consolidate multiple student loans into one monthly payment.

This single payment can help eliminate missing payments or defaulting on an account. Also, students can easily see how much of their loans they have left to repay.

Another pro for ACS loans is that credit scores aren’t always the determining factor when deciding if a student can secure a loan. Interest rates may be relatively higher or there may be a bit more paperwork and documentation. However, the purpose of student or educational loans is to help anyone be able to continue their education.


Every so often, ACS loans are transferred to other loan servicing companies. Students need to monitor their accounts, emails, and any mail that references these loans until they are paid in full. Most times, these companies seamlessly transfer accounts without any need for students to change information. However, there may be times when banking information or payment dates may change. Students need to be aware of these potential changes.

ACS loans are housed online, so there is potential for scams. As a broad online reminder, here are a few pieces of personal information to never share with a company claiming that it houses the ACS loan:

  • Social security number
  • Personal information
  • Tax information
  • Income information

If an email, regular mail, or a phone call solicits for this information – students need to be aware that it may be a scam. The only time information should be verified is by logging into the site directly. If students have any questions, they need to log in and access the contact information directly from the ACS site.

Loan To Learn

Pursuing college or technical training is an incredible way to assert independence and contribute to society. Furthermore, a degree or certification can greatly increase earning potential.

Just because post-high-school education has the ability to cost a decent amount of money, financial obstacles should not be the reason that students decide to not pursue their education. With the option of ACS loans, students have the ability to have support to achieve their educational goals.

Make sure to read all the fine print and understand exactly what is expected from each of the loans before choosing to use. So long as borrowers are well-aware of exactly what the expectations and repayment obligations are for their chosen loan(s), ACS loans are a great way to provide academic opportunities.

When students don’t have to worry about where they will get the money for college or technical training, great things can happen and successful futures can be guaranteed.