Act Education Loan Eligibility

In order for a borrower to be eligible for a private education loan, all of the following are required:

• Must be enrolled at least half-time in an eligible 4 or 5 year undergraduate degree program in the U.S.
• Must be at least 18 years of age
• Must be a U.S. citizen or permanent resident
• A cosigner may be required for your application
• Student and the cosigner, if applicable, must pass a credit check

Click Here to Apply for the Act Education Loan

* The legal age for entering into contracts is 18 years of age in every state except Alabama and Nebraska (19 years old), and Mississippi and Puerto Rico (21 years old).