Private Student Loan / Alternative College Loan

• Competitive interest rates for students & parents
• Repayment waits until you graduate **
• Funding as few as 5 business days after receipt of completed application
• Loan proceeds sent to you, not your school
• No FAFSA or other government paperwork
• No application fees or other out-of-pocket expenses
• Phone, fax, or online application
• Preliminary approval usually in minutes

Apply now for an Act Private Student Loan or learn more!

When your federal financial aid can't meet your education finance needs, we help you find a way to finance the expenses associated with every level of education, from grade school to postdoctoral degrees. Our Act Alternative Student Loan from the Student Loan Network offers flexible repayment, competitive rates, funding in as little as 5 business days, no out-of-pocket fees, and 24/7 customer service!

Apply Now for Act Private Student Loans!

Act Alternative Student Loans (also called a private education loan) differ in many ways from traditional or government education loan programs:

• Loans can be preliminarily approved in minutes and can take as little as five business days to fund - you get your loan proceeds faster!
• The Act Education Loan program is based on your credit, and does not require you to go through the FAFSA financial aid qualification process. You benefit from less paperwork!
• The Act Education Loan is an unsecured loan - no collateral is required!
• We offer top-quality customer service with account access 24/7.
• Act Education Loans are accepted at all TERI*-certified schools (more than 6,000!), without the hassle of determining which financial aid program your school belongs to.
• Repayment can wait until after you've graduated! **

Apply today for an Act Private Student Loan!

Or, learn more about our loan programs!

** International student loans are available to US students abroad and international students.

* Our Act private loan products have the backing of the most trusted names in the industry. The Act Education Loan from the Student Loan Network Program is backed by PNC Bank, a Member FDIC and Equal Opportunity Lender, and guaranteed by The Education Resources Institute, Inc., a non-profit guarantee agency trusted by schools, programs, and families worldwide.

** Repayment can be deferred on undergraduate, graduate, and some continuing education programs. Repayment is immediate on K-12 loans; see individual loan pages for more information and repayment examples.