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Distance Education Loans : Act® Education Loans for Distance Education

Fitting education into your busy schedule has never been easier, thanks to distance learning and online learning programs. Fitting the cost of a distance learning program into your budget is also easier than ever!

We are here to help you find the funds to make your dreams into reality. We can help you find a way to finance the expenses associated with distance learning programs. Imagine a distance learning loan program that gives you the freedom, speed and interest rates you've been looking for.

Apply now for an Act® Education Loan from the Student Loan Network!

Act® Education Loans (also called private student loans) differ in many ways from traditional or government education loan programs:

Features

  • The funds are disbursed directly to the borrower, not the school.
  • There are no federal forms to complete and no application deadlines.
  • There is a 12-month grace period after graduation before loan repayment begins. [1]

Limits

  • Loan minimum of $2,500 per academic year.
  • Loan maximum of 100% of the total calculated Cost of Education per academic year with an aggregate lifetime maximum of $250,000.

Interest Rates

  • Interest rates as low as Prime minus 0.5% to Prime plus 7.9%.
  • Apply with a creditworthy co-signer to increase the chances of approval and of obtaining a lower interest rate and/or loan fee.

Read More about the Act Education Loan

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