Education Loan

Education Loans

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

Paying for College: The Financial Aid Puzzle

The cost of a college education is rising every year. This year the average cost of a private four-year school was $26,273, up 4.4% from last year, and the average cost of a public school was $7,020, up 6.5% from last year. For most families,...

Shop around for your private student loan lender

Did anyone ever tell you to shop around before making a big purchase? When you buy a car, a TV or a computer you do hours of research to find out what your options are and where you can purchase the item at...

News about Education Loans

REGION: Proposal aims to lower student loan payments

Feb 6 2010

If Congress responds to President Barack Obama 's push to reformstudent loans, the new rules could dramatically reduce monthlypayments for millions of college graduates in California.

Audit Notes: Wessel on Press Failure; Cohan On a Bailout Mystery Pair; NYT on Student Loans, etc.

Feb 5 2010

—David Wessel , the WSJ ’s economics editor, displayed admirable candor to a roomful of his financial press colleagues, I thought, in talking about the press’s performance before the crash.

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.