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Need Money for College? Texas Extra Credit Education Loans through our partner, Higher Education Servicing Corporation (HESC), can help!

Scholarships, grants, and federal aid are great, but oftentimes they just can’t cover all the expenses needed to receive
a quality college education. Make the smart choice and apply for a Texas Extra Credit Education Loan. With sizable loan amounts, a quick application process and competitive, low fixed rates, it's easy to see why Texas Extra Credit is the right choice to help you reach your higher education goals.

Before applying for any private student loan, we highly recommend students apply for and utilize all federal student aid programs through the Free Application for Federal Student Aid (FAFSA). Details at www.studentaid.gov.

Learn more about Texas Extra Credit Education Loan’s features, valuable borrower benefits, and repayment options below.

Higher Education Servicing Corporation (HESC) is the Loan Originator for our Private Education Loan program(s).  HESC is responsible for all private education loan processing and communications with the borrower(s) throughout the application process.  Questions related to the application process or the status of your loan should be directed to HESC at info@hescloans.com. You can also contact HESC at 877.817.9158, Monday through Friday from 8:00 a.m. to 5:00 p.m. CT.

A better financial future starts with planning. Check out these resources below to learn more about how you can financially prepare for college.

Texas Extra Credit Undergraduate Student Loan

If you're a student looking to take out a loan on your own behalf or with a cosigner, see if the Texas Extra Credit Undergraduate Student Loan is right for you!

Eligibility

  • Student borrower must be enrolled at least half time in a degree-granting program (as certified by the school) at an approved school.
  • Student borrower and cosigner (if applicable) must be permanent residents of Texas.
  • The applicant applying as creditworthy (i.e. the cosigner or the student applying without a cosigner) must provide proof of current income.
  • Student borrower and cosigner (if applicable) must be United States citizens/nationals or lawful permanent resident aliens of the United States.

For more information about the Texas Extra Credit Undergraduate Student Loan program, click here.

Texas Extra Credit Parent Loan

If you're a parent, family member, or a creditworthy individual interested in paying for a student's higher education expenses, a Texas Extra Credit Parent Loan may be right for you!

Eligibility

  • The student beneficiary must be enrolled at least half-time in degree granting program (as certified by the school) at an approved school.
  • The borrower must be at least eighteen years old at the time of the loan application.
  • The borrower must meet certain income requirements and must submit verification of current income.
  • The borrower must be a United States citizen/national or lawful permanent resident alien of the United States.

For more information about the Texas Extra Credit Parent Loan program, click here.

Texas Extra Credit Refinance Loan

Texas Extra Credit offers a fast, hassle-free way to combine your eligible federal and/or private education loans into a new loan with the potential to lower your interest rate and monthly student loan payment.

Eligibility

  • All loans to be refinanced must have been fully disbursed to a Title IV institution of higher education within the United States, be considered a qualified education loan6 and have been used to cover qualified higher education expenses.7
  • The applicant must have earned a bachelor’s degree or higher from a Title IV institution of higher education.
  • The applicant must be a permanent resident of Texas.
  • The applicant must be a United States citizen/national or lawful permanent resident alien of the United States.
  • The applicant must be at least the age of majority at the time of the Refinance Loan Application based on the Applicant’s state of residence (i.e., 18 years old in Texas).
  • The applicant must be currently employed, unless retired, have a positive income of at least $50,000, and submit verification of current stated income claimed in the application.
 
For more information about the Texas Extra Credit Refinance Loan program, click here.
 
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