About Pennsylvania Higher Education Assistance Agency (PHEAA)
Pennsylvania Higher Education Assistance Agency (PHEAA) is a national provider of financial aid services, serving millions of students and thousands of schools through a variety of student aid programs. The agency was established in 1963 by the Pennsylvania General Assembly to ensure that all Pennsylvanians have access to higher education. Since then, PHEAA has expanded its reach beyond Pennsylvania and now serves students across the United States.
PHEAA offers a wide range of financial aid services to help students achieve their educational goals. These services include grants, scholarships, loans, work-study programs, and other forms of financial assistance. The agency also provides counseling and guidance to help students make informed decisions about their education and finances.
One of PHEAA's most popular programs is the Pennsylvania State Grant Program. This program provides need-based grants to eligible Pennsylvania residents who are pursuing undergraduate degrees at approved colleges or universities in the state. In addition to the State Grant Program, PHEAA also administers several other grant programs for both undergraduate and graduate students.
PHEAA also offers loan servicing for federal student loans on behalf of the U.S Department of Education through its FedLoan Servicing division. This service helps borrowers manage their student loan debt by providing information on repayment options such as income-driven repayment plans or loan forgiveness programs.
In addition to its financial aid services, PHEAA operates American Education Services (AES), which provides comprehensive servicing for private student loans as well as federal Family Education Loan Program (FFELP) loans that were originated prior to July 1st, 2010.
Furthermore,Pennsylvania Higher Education Assistance Agency (PHEAA) has been recognized nationally for its commitment towards providing quality customer service with an emphasis on helping borrowers successfully repay their student loans.PHEEA has received numerous awards including recognition from J.D Power & Associates for outstanding customer satisfaction ratings among Federal Student Loan Servicers
Overall,Pennsylvania Higher Education Assistance Agency (PHEEA) plays an important role in making higher education accessible and affordable for millions of students across America.Their commitment towards providing quality customer service coupled with innovative solutions makes them one-of-a-kind organization that truly cares about helping people achieve their educational goals while managing their finances effectively.
pheaa.org
