Private Student Loans

Alternative, or private student loans, may provide funds to meet the cost of education once other sources of aid have been depleted or when annual federal student loan limits have been reached. Specializing in student loans, Edamerica offers Big Savings on FFELP (Federal Family Education Loan Program) loans and provides access to low-cost, private student loans. You save money immediately and continue to save throughout the term of your student loan. 

Edamerica Xtra Credit Alternative Loan

As college tuition and expenses increase, you may need to explore alternative sources of funding - after you maximize your student aid options including federally guaranteed loans.  Edamerica's Xtra Credit loan is a private source of funds for credit-worthy undergraduate and graduate borrowers.

• Convenient online pre-approval process - decision within seconds
• Competitive interest rates
• Defer principal and interest payments while enrolled in school and during the subsequent six month grace period
• Up to 48 months of deferment for internships and residencies
• Low monthly payments
• Combined billing of Xtra Credit and FFELP loans serviced by Edfinancial Services
• Available to cover all education-related expenses