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

Don’t Narrow Your School Search

Nov 14 2008

When you sit down with Mom and/or Dad and make a short list of schools you’d like to visit make sure not to exclude the pricey institutions like I did.

Now you should know I’ve always been conscious of the dollar. My parents divorced when...

I Don’t Want To Pay For College

Nov 5 2008

If you clicked on this blog I like you already. You are a bargain shopper. I mean why pay full price if you can get a deal? Heck, even millionaires are looking for deals. I once read how country star Shania Twain still cuts out...

News about Education Loans

NASFAA President Requests Government Support For Private Student Loans

Nov 18 2008

NASFAA President & CEO Dr. Phil Day sent letters to Secretary of Treasury Henry Paulson and Secretary of Education Margaret Spellings to seek confirmation of the Administration's intent to use a portion of the $700 billion economic stimulus package to support private student loans. "The...

Good question

Nov 18 2008

Question: What year did student loans first come out?

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.