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Seeing a ADVS ED SERV PPD charge on your statement?

Common ways ADVS ED SERV PPD may appear on your statement

  • ADVS ED SERV PPD STUDNTLOAN
    ADVS ED SERV PPD TYPE: STUDNTLOAN ID: 9102001101
    ACH DEBIT, ADVS ED SERV PPD STUDNTLOAN 0000
    ADVS ED SERV WEB STUDNTLOAN

What is ADVS ED SERV?

ADVS ED SERV stands for Advancing Education Services, operating as the loan servicer under the brand Aidvantage for federal student loans—handling repayment, billing, and customer service for borrowers. Learn more at aidvantage.studentaid.gov.

Common causes for ADVS ED SERV charges

  • Monthly repayments of your federal student loan processed by Aidvantage.
  • Automatic ACH debits related to student loan payment plans or adjustments.
  • Refunds or account credits when a payment is reversed or over-charged.

Decoding ADVS ED SERV charge tags

  • ADVS ED SERV identifies the servicer (Aidvantage) managing the loan.
  • PPD indicates a Prearranged Payment & Deposit, used for ACH transactions.
  • STUDNTLOAN signals the charge is related to a student loan payment.
  • TYPE, ID numbers reflect internal transaction codes for the servicer’s billing system.

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What to do if you don’t recognize this charge

Spot, verify, and resolve suspicious charges in minutes.

  • Contact your bank.

    Call your bank using the number on the back of your card.

  • Contact the merchant.

    Call their customer service to verify the charge and get transaction details.

  • Dispute the charge & monitor account.

    If it appears fraudulent, report it to your bank or card issuer.

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