Private Student Loan Introduction

Private student loans - Available, Flexible and SimpleApply student Online loans or - Call Available 1-866-229-8900 Flexible * and Undergraduates Simple and Private Graduates student may loans borrow or annually alternative up loans to funded the by lesser banks of and $40 non-profit 000

Private student loans, or alternative loans funded by banks and non-profit organizations, provide another source of financial aid for students. But what they are really about is: availability, flexibility and options.

Availability. Federal financial aid is limited and it's no secret that appropriations for aid have not kept up with rising tuition costs and inflation. Act Education Loans provide up to $40,000 per year*, a far more realistic loan limit for many of today's private colleges, filling the gap between the total cost of education and available financial aid.

Flexibility. Deadlines, deadlines, deadlines. It seems at every turn in financial aid, there's another deadline to watch, another date to file paperwork by, another meeting or session to attend to qualify for aid. Act Private Student Loans give you the flexibility to apply for a private student loan whenever the need arises during your time as a student. Tuition due before the semester starts? No problem. While federal loans may not disburse until a month into the semester, these private student loans can fund in as few as five business days after receipt of your completed application. Past due balance? No problem. s borrow or annually alternative up loans to funded the by lesser banks of and $40 non-profit 000 organizations or provi the estimated annual cost
 Options. Scholarships and federal financial aid are restricted. Scholarship hunting takes time to generate results, and there are no guarantees that you will find what you need. Federal financial aid and federal student loans are based largely on demonstrated financial need (except for the PLUS loan), and if you fall in the category of "not poor enough for aid, not rich enough to pay out of pocket", federal financial aid may be no help at all. Act Alternative Loans don't require lengthy applications or paperwork like scholarships and the FAFSA do. These private student loans are not need-based, which means that eligibility is not confined to the neediest students.p; rivate Apply student Online loans or - Call Available 1-866-229-8900 Flexible * and Undergraduates Simple and Private Graduates student may loan