Private Education Loan

Why you should consider the Act Education Loan

The Act Education Loan is a service of the Student Loan Network. Since 1998, we have helped over 25 million students and parents access more than $1 billion in federal student loans, private student loans, college scholarships and student loan consolidation loans.

Our private student loan products are funded by Lehman Brothers Bank, FSB. Equal Opportunity Lender.

Education Loan Blog

5 Ways you can be Penny Wise

Jul 16 2008

Use the Library: The library is a great place to save money. Most libraries nowadays have internet access (although you have a time limit), periodicals, music catalogs, and obviously books. Library cards are also very inexpensive, if they even charge at all. Libraries are literary...

Responsible Money Mangement

Jul 15 2008

As the hands of time march on, each of us become wiser; at least that’s the hope.  We try our best to learn from past mistakes and accept valuable advice from family and friends who have traveled down that dirt road before us.  Still, some...

Education Loan News

Astrive(R) Student Loans Web Site Redesigned to Serve as Knowledge ...

Jul 23 2008


Astrive(R) Student Loans Web Site Redesigned to Serve as Knowledge ...
CNNMoney.com - 4 hours ago
Make a Plan -- set goals, keep track of deadlines, and talk to your family and school's Financial Aid Office to ensure that you'll be able to afford all of ...

Opinion: Employers Should Help Pay Student Loans For Their Workers

Jul 23 2008

"The troubled student-loan market is a hot topic among legislators, policy makers, and the public," The Chronicle of Higher Education reports. "Yet despite all the talk about loans, little has been proposed to help college students and their families with the ever-greater debts that probably...

School certified loans generally offer lower interest rates and loan fees than non-certified loans. The Student Loan Network Direct to Student Loan is not certified.

[a] The deferment grace period is defined as 12 months from graduation or 6 months after a student drops below half-time enrollment. For the Student Loan Network Direct to Student Loan, repayment will begin no later than 60 months (5 years) after the loan is disbursed.

[b] At all times the discount rates and co-signer release terms are subject to change. The on-time benefit must be earned. Co-signer release is contingent upon the borrower's credit profile which will be reviewed by the Lender prior to release. Loan delinquency, default, or the use of forbearance may result in the revocation of all borrower benefits.