Fact Sheet
American Student Assistance® (ASA) is a nonprofit organization that helps college students and their families manage higher education debt successfully. We provide education and encouragement to student loan borrowers throughout their entire loan experience.
Fast Facts About ASA
- We are based in Boston and employ more than 500 associates nationwide.
- We provide service to nearly 2 million college loan borrowers nationwide.
- We manage a portfolio worth more than $46 billion.
- We were established in 1956 and are one of the oldest student loan service providers in the nation.
In addition to our debt management services for borrowers, we also serve:
- The U.S. Department of Education—with student loan default prevention and recovery services that save the government and taxpayers millions.
- College financial aid administrators—with default prevention support, training, and regulatory guidance.
- The community as a whole—with information about education loans, financial literacy, borrowing, and financial planning for college.
