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With a Direct Student Loan, you can cover higher education expenses up to your Total Cost of Education. Pay for undergraduate or graduate expenses from a minimum of $2,500 per academic year up to a lifetime maximum aggregate of $250,000.

Other great benefits of the Direct Private Loan (1):

  • No FAFSA required
  • Competitive interest rates and fees
  • Online decisions in less than a minute
  • 12-month grace period after graduation
  • Funds are payable to you and your cosigner (if applicable)
  • Disbursements as fast as 48 hours from final approval
  • Up to a 0.5% discount for on-time and direct e-payments (2)
  • Interest capitalizes quarterly during in-school and grace periods

Click on any of the buttons below to learn more about the Direct Private Loan or to start an application.

 
 

(1) The Direct Student Loan does not require school certification and the proceeds are disbursed in the form of a check mailed directly to the applicant with the stronger credit profile. The interest rates and loan fees associated with the Direct Student Loan are generally higher than the interest rates and loan fees associated with the School Certified Student Loan.

(2) Borrower benefits terms and conditions are subject to change. The on-time benefit must be earned.

 

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Accel Finance offers this Private Education Loan through an arrangement with Campus Door, Inc. All loans are subject to credit approval. Lender is Lehman Brothers Bank, FSB. Equal Opportunity Lender. Accel Finance may be compensated for the referral of private student loan customers to the lender. All Rights Reserved.

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