Continuing Education
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Continuing Education Loans
Whether you are a lifelong learner or a worker trying to get the skills or certificates/degrees that will help you get ahead, you have many reasons to keep going back to school after your initial diploma or degree. However, tuition continues to skyrocket, often making supplementary aid a necessity even with full federal financial aid.
The Act Education Loan has a program especially created for those participating in continuing education, such as individuals and families with financial need. With a fast and easy application process as well as competitive interest rates, our goal is to help make education possible without administrative hassles.
- Borrow up to the cost of education
- Funds sent straight to the applicant(s) [a]
- No payments until 12 months after graduation [b]
- 1% interest rate reduction with borrower benefits [c]
- Co-signer release available after 36-months [c]
Apply online or call toll-free 866-930-3968
[a] The Direct to Student Loan does not require school certification and the proceeds are disbursed in the form of a check co-payable to the borrower and cosigner (if applicable), mailed directly to the applicant with the stronger credit profile.
[b] 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.
[c] 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.
[b] 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.
[c] 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.
