Private Education Loan

Private 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, up to $45,000 a year. For you, that means less out-of-pocket expenses until after graduation, or save money by starting to repay loans while in school.

Education Loan Blog

Universities freezing tuition rates

Sep 5 2008

It has been reported that many Universities throughout the country are freezing 2008-2009 tuitions at last year’s levels in an effort to help make college more affordable for the nation’s middle class. Thanks guys, but you’re about a decade too late. This initiative...

Student Resources for Back to School

Aug 27 2008

Time to start a new year! To do our part to help, we wanted to let you know about a couple of new resources for those of you returning to college this month. The first is a free downloadable ebook: How To Find...

Education Loan News

Finding aid requires more effort

Sep 7 2008


Finding aid requires more effort
Augusta Chronicle, GA - 19 hours ago
... backed out of the student loan market in recent months, industry experts say a little persistence should help college students secure financial aid. ...

A new option for college loans

Sep 7 2008


A new option for college loans
Fort Worth Star Telegram, TX - 21 hours ago
Grants and scholarships remain the best option for paying college bills, financial-aid directors say. Next come federal student loans. ...

1 Interest will continue to accrue while your private student loan payments are deferred, and it will be capitalized (added to your principal loan balance) when repayment begins.

2 Proof of graduation is required.