Effective July 1, 2026. Federal Aid Has Changed.

    Some of your students are about to lose their funding.
    Do you have a plan?

    As of July 1st, Grad PLUS loans are eliminated for new borrowers and Parent PLUS is capped at $20,000 per year. Students who relied on those programs now have a gap. Schools that have a private lending plan in place keep those students enrolled. Schools that don't, lose them.

    LoanAmerica fills the gap, tuition, graduate, and parent loans ready to deploy

    Built to approve more of your students, including thin-file and no-cosigner applicants

    72-hour funding target to your bursar, no disruption to enrollment

    Track record

    $20B+

    STUDENT LOANS ORIGINATED SINCE 1997

    72hr

    Funding target

    All profiles

    Every credit tier reviewed

    Jul 1

    Federal aid changes

    30 days

    Typical go-live

    Trade Schools  ·  Allied Health  ·  Aviation  ·  Nursing  ·  Graduate Programs  ·  4-Year Universities

    The Policy Change Every School Needs to Plan For

    Schools that wait
    will lose enrollment.
    Schools that act now won't.

    The One Big Beautiful Bill Act is not a rumor. It eliminated Grad PLUS for new borrowers entirely and capped Parent PLUS at $20,000 per year, effective July 1st. Every student who relied on those programs now has a gap. If your school doesn't have a private lending alternative ready, those students don't enroll, or they don't finish.

    LoanAmerica can be live at your school in 30 days. The partnership review is free and takes one conversation.

    Start the Conversation

    Grad PLUS eliminated

    for all new borrowers

    Parent PLUS capped

    at $20K/year, $65K lifetime

    Effective date

    July 1, 2026

    Go-live timeline

    30 days with LoanAmerica

    THE COMPARISON

    How Does LoanAmerica Stack Up?

    Most private lenders focus on prime borrowers with established credit. LoanAmerica is designed from the ground up to serve the full credit spectrum, including thin-file, no-cosigner, and full-spectrum credit borrowers that traditional lenders typically decline.

    Funds are targeted for disbursement to your bursar within 72 hours of certification. Add LoanAmerica alongside your existing lenders. We extend financing where others stop.

    Credit Spectrum

    LAAll Profiles
    OthersPrime only

    Funding Speed

    LA72hr Target
    OthersVaries

    Specialized Products

    LA3 Products
    Others1-2 Products

    Cash-Flow Underwriting

    LA90-Day Analysis
    OthersNot available
    LoanAmericaLeading Private Lenders
    Credit Spectrum
    All credit profiles reviewed
    Typically prime-focused (700+ FICO)
    Minimum Credit Requirement
    No minimum FICO required
    Minimum thresholds apply; thin-file applicants often declined
    Co-Signer
    Optional across all tiers
    Optional for select borrowers
    Funding to School
    72-hour target SLA
    Varies by certification
    90-Day Cash-Flow Underwriting
    Emergency & Micro Loans ($1,000+)
    In-School Deferment
    Available to eligible applicants
    Varies by lender
    AI-Powered Student Support
    Dedicated assistance, application to repayment
    Standard customer service
    ELM / FASTChoice Compatible
    Additive, Never Competitive.We extend financing where others stop.

    CREDIT SPECTRUM SERVED

    LoanAmericaFull spectrum
    ALL CREDIT PROFILES, INCLUDING THIN FILE
    Leading Private LenderPrime only

    Why it matters: Students who don't meet traditional credit thresholds are left without a funding path. LoanAmerica is built to serve the students who fall through those gaps.

    THE DIFFERENCE

    Higher Approval Rates for More Students

    Traditional private lenders rely on FICO as the primary gatekeeper. Students without established credit get declined automatically. LoanAmerica takes a different approach:

    Our underwriting is designed to review every credit profile, not just prime borrowers

    No minimum FICO required. Thin-file and no-history applicants welcome

    Co-signer optional across all credit tiers, never a blanket requirement

    We evaluate actual cash flow and ability to repay. We analyze 90 days of bank transactions to build a real-time picture of financial capacity.

    THE PROCESS

    Three Steps to Go Live

    Simple for students. Seamless for your office.

    01

    Student Applies

    Student applies online. No hard credit check. Decision in minutes. They choose the product that fits.

    02

    Your School Gets Funded

    Your office certifies via ELM, FASTChoice, or HES/TurnKey. LoanAmerica targets disbursement to your bursar within 72 hours of certification.

    03

    We Handle Everything Else

    LoanAmerica manages all servicing, repayment, and compliance directly with the student. Your staff focuses on education.

    YOUR EXPERIENCE

    Frictionless for Schools.
    Student-Friendly Terms.

    Students apply in minutes via a soft pull that won't impact their credit. Decisions come back instantly. Co-signers are optional, not required.

    Students are more likely to be approved with LoanAmerica than with any other lender on your list. Because our underwriting looks beyond FICO, more students get the funding they need to stay enrolled.

    WHAT LOANAMERICA HANDLES

    All credit underwriting and decisioning
    Student application portal and support
    Loan servicing and collections
    Regulatory compliance and disclosures
    AI-powered dedicated student support
    HEOA-compliant preferred lender materials

    WHAT YOUR OFFICE DOES

    Certify loan amounts via ELM / FASTChoice
    Include LoanAmerica on preferred lender list
    Provide cost-of-attendance data
    Route student inquiries to our portal

    That's it. You certify. We handle everything else.

    LENDING SUITE

    More Students, More Seats Filled

    From a $1,000 tuition bridge to a $100,000 professional loan, every student has a financing path. One application covers all three products.

    Trade + 4-Year

    Tuition Loan

    Up to $35,000

    Covers the gap between federal aid and total cost of attendance.

    Graduate

    Graduate & Professional Loan

    Up to $100,000

    For Master's, JD, MD, and doctoral students affected by Grad PLUS elimination.

    4-Year Families

    Parent Loan

    Up to $35,000

    Fills the gap from the new $20K annual Parent PLUS cap.

    PARTNER WITH US

    One conversation. Live in 30 days.

    The partnership review is free, takes about 30 minutes, and gives you a clear picture of how many of your students are affected by the July 1st changes and what LoanAmerica can cover. No commitment required.

    01

    Partnership Review

    We size your funding gap and walk through which students are affected.

    02

    Program Configuration

    We configure products to your program mix and enrollment profile.

    03

    Agreement & Go Live

    Simple participation agreement. Portal live, students typically funded within 30 days of go-live.

    Request a partnership review

    Tell us about your institution. A LoanAmerica partnerships director will review and reach out within two business days.

    By submitting, you consent to LoanAmerica's partnerships team contacting you about this inquiry.

    Schools can use the Private Student Loan Calculator to model what financing looks like for their typical students.