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

3 Tips to Get the Most Out of Your Private Student Loan

Did you know that the vast majority of private lenders offer repayment incentives such as interest rate reductions?

Financial Aid Options for International Students

Many students from around the world flock to the U.S. to earn a college degree. Likewise many American students choose to study abroad for a semester. Both groups are likely to wonder how they can pay to study overseas. Here are some of the financial...

News about Education Loans

We Need Student Loans, Not Student Handouts

Jul 28 2010

ACT New Zealand Finance Spokesman Sir Roger Douglas today welcomed Prime Minister John Keys admission that the $11 billion in student loan debt is an economic disaster but is disappointed that he does not have the courage to do anything about it.

Ohec to tighten up on student loan scams

Jul 28 2010

The Office of the Higher Education Commission (Ohec) is proposing measures to prevent student loans from going to substandard programmes.

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 private student loans.