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Who bought ACS student loans?

Conduent Business Services

What is ACS education?

ACS Loan Serving, also known as ACS Educational Services (and owned by Xerox believe it or not), is one of the largest loan servicing operations contracted by the Department of Education . However, ACS still handles Federally backed bank-based loans (such as loans that are owned by Wells Fargo and other banks).

Is ACS now Conduent?

Overview of Conduent Education (formerly ACS ) ACS Education Services was renamed Conduent Education Services in January 2017. ( Conduent is a spinoff of Xerox, which acquired ACS Education as part of its purchase of Affiliated Computer Services in 2010.)

What happened to ACS student loans?

If you have ACS student loans , your servicer is now Conduent. Conduent acquired ACS Education Services in 2017, an acquisition that’s caused some confusion among borrowers whose student loans were serviced by ACS .

Where did my student loan get transferred to?

Federal student loans may be transferred to a new servicer In this instance, her loans were transferred from Direct Loan Servicing Center to FedLoan Servicing (PHEAA).

Who has my student loan debt?

To find out who your loan servicer is, call the Federal Student Aid Information Center (FSAIC) at 1-800-433-3243. Great Lakes Educational Loan Services, Inc. Default Resolution Group (also known as Maximus Federal Services, Inc.)

What is ACS payment?

3-D Secure Issuing ( ACS ) 3-D Secure is an XML-based protocol which adds an additional security layer to online credit card payments . In the 3-D Secure protocol, each card issuing bank is required to maintain an Access Control Server ( ACS ) to support cardholder authentication.

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Where did my Conduent student loan go?

Your Conduent -serviced loans will transfer to Navient as your new servicer. Once your loans move to Navient, you’ll have online access to a new suite of tools and products to help you manage your loans .

What does ACS stands for?

Administration for Children’s Services

What happened to Conduent?

Shares of Conduent (NYSE:CNDT) dropped 20% on Friday after the business services company backed away from divesting assets. It also reported fourth-quarter results that missed expectations and warned of a revenue decline in 2020.

How do I contact Conduent?

Please call us at 1-844-ONE-CNDT ( 663-2638 ) Monday through Friday between 8:00 a.m. and 7:00 p.m. Eastern Time for assistance.

Is Conduent Xerox?

Xerox Completes Separation of Conduent , Begins New Chapter as Focused Industry Leader in Digital Print Technology. Xerox (NYSE: XRX) today announced it has completed the separation of Conduent Incorporated (NYSE: CNDT), creating two market-leading, publicly- traded companies. “Today is an historic day for Xerox .

Is American education services a federal loan?

American Education Services ( AES ) is a federal loan servicer that processes FFEL loans . While the FFEL program was discontinued, AES still handles borrowers in repayments, and it also services some private student loans for other lenders.