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Limited government financial aid along with rising tuition costs has created a widening gap between the cost of college and your ability to afford it. The Act Education Loan is a private education loan that fills that gap by allowing you to borrow the difference between Federal financial aid and remaining school expenses.
Learn More About Private Education Loans
Education Loan Blog 
Ways to Save on Private Student Loan Repayment
When it comes to private student loans, one tense topic among students and parents is, “how are you going to pay for it?” Between often needing a cosigner and qualifying for a relatively high interest rate, there are a lot of considerations that go into...
A Tip for Private Student Loan Repayment
If you ever are in a position to make an overpayment on your loan without spreading your finances too thin, absolutely do it!
News about Education Loans
Tennessee Lawmakers Urge Support for ECASLA Extension
Mar 8 2010
Nine Tennessee lawmakers, including three Democratic lawmakers that supported the fiscal year 2010 budget resolution to reform the student loan programs last year, are urging Education Secretary Arne Duncan to support an immediate, temporary extension of the Ensuring Continued Access to Student Loan Act (ECASLA)....
Defaulted Loans May Haunt Seniors
Mar 8 2010
"The Treasury currently withholds benefits of 3.1 million Social Security recipients to recover defaulted student-, farm- and small-business loans, unpaid income taxes, amounts veterans owe for health care, and other debts to the government," the Wall Street Journal reports. "Previously, the U.S. hasn't been able...
1 Interest will continue to accrue while your private student loan payments are deferred, and it will be capitalized (added to your principal education loan balance) when repayment begins.
2 Proof of graduation is required.
Note: We recommend you consider all your student loan options, including federal Stafford Loans and PLUS Loans before applying for privte student laons.
