One of the private education loans is the ACT Education Loan Program offered the students who are in need of student education loan. This is a private loan meant for the students to help them to support school level, or pre-graduation certificate programs.
This private student loan can be utilized to cover the difference between school expenses and Federal financial aid such as the Stafford Loan. The sum private education loan as ACT loan can be utilized to meet couple of out-of-pocket expenses till completion of graduation.
Most of the private education loans are strategically designed to help the students and giving them multiple benefits. The ACT loans can be used mainly for school related expense which includes buying of books, reading/writing/data storage gadgets, stationery, special apparatus, tuition fees, lab fees, supplies, transportation, accommodation expenses, transportation, educational excursion etc.
The application procedures for availing the private education loan programs like ACT education loan are pretty simple. An applicant with properly supported documentations generally receives an ACT education loan in 7 working days. The great thing here is one need not to go through Financial Aid and wait for weeks to get a refund check on the loan. Moreover the amount of an Act Loan is deposited directly to the applicant’s checking account. This loan works just excellent for the students and gets cleared within a maximum period of one to two weeks.
If you are a school student or pursuing pre-graduate level courses and are in need of a hassle free education loan for multiple purposes then the ACT Education Loan Program is the great option for you. To apply for your education loan just give a call to 866-229-8900 or visit the website of ACT Education Loan Program at http://www.acteducationloans.com.