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
Can I access all my federal loan details online?
Jun 22 2009
Yes, your federal loan details can be accessed online through the Department of Education’s National Student Loan Data System (NSLDS) database.
The NSLDS database holds all your federal loan details. If you’ve just applied for aid, don’t expect to find any information on NSLDS yet. NSLDS...
Learning Contracts, Something You Never Knew
Jun 19 2009
Forget a big league contract. Sign your John Hancock to the bottom of a learning contract.
Did you know that many schools negotiate learning contracts with their students? The next thing you may be thinking is great, what the heck is a learning contract?
A learning contract...
News about Education Loans
ED Takes Steps to Ease Schools' Transition into Direct Lending
Jul 9 2009
Yesterday, the Department of Education began sending letters to college presidents and financial aid directors at schools currently participating in the Federal Family Education Loan Program (FFELP) to inform them of the steps the Department is taking to ease the transition into the Direct Loan...
Disconcerting Data on Student Debt
Jul 9 2009
"[A]n analysis released today by a Washington think tank, based on newly available federal survey data, aims to show that the steady, long-term growth in student borrowing has intensified in recent years, and that student borrowers have increasingly turned to more expensive 'alternative' loans to...
2 Proof of graduation is required.


