Edamerica provides you with low-cost student loan options.

We offer big savings on FFELP (Federal Family Education Loan Program) loans as well as private student loans. Our vision is to create access to higher education so students can realize their dreams in life.

* Auto-debit repayment benefits are effective for loans first disbursed on or after May 15, 2008.

Federal Stafford Loan

  • 0% to 1% default fee - based on guarantor
  • 0.25% interest rate reduction for auto-debit

  

Federal PLUS Loans

  • 0% to 1% default fee - based on guarantor
  • 0.25% interest rate reduction for auto-debit with continuous on-time payments
  • Quick and easy online application with instant credit decision

  

Federal GradPLUS Loans

Gives graduate and professional students a viable alternative to private student loans, offering high approval rates and no payments while in school.

  • 0% to 1% default fee - based on guarantor
  • 0.25% interest rate reduction for auto-debit with continuous on-time payments
  • Quick and easy online application with instant credit decision
  • No payments while in school
  • On-line repayment available for your convenience
  • Combined billing with Edamerica Stafford Loan available

  

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

 


  

With Edamerica, you can...

  • enjoy life-of-loan servicing on federal student loans via Edfinancial Services
  • combined billing for convenience
  • check accounts and make payments online
  • call 1-800-337-1009 for a 24-hour voice response system
  • click on Edlive to chat online with a friendly, helpful representative

Customer Service Hours of Operation:

  • Monday through Thursday, 8:30 a.m. to 9:00 p.m. EST; and
  • Friday, 8:30 a.m. to 6:00 p.m. EST.

Contact us toll-free at 1-800-337-1009

Lender # 831453

 

edlive talk now!

Edamerica does not sell its loans in the open market. Edamerica partners with Edsouth, its non-profit funding source and primary secondary market, and Edfinancial Services, its designated servicer. Generally, Edamerica sells loans to Edsouth within 60 days of final disbursement. All loans are serviced by Edfinancial Services for the life-of-the-loan.

Because all loans are serviced by Edfinancial Services from origination through repayment of the final payment, the process is seamless to the student, without any effect to the back-end benefits offered. The student will be notified by letter of a change in ownership of their loan from Edamerica to Edsouth; however, the point of contact will not change.

 

Your information is protected by secure sockets, and our site is authenticated with site certificates by Comodo.
*All repayment benefits are terminated upon loan delinquency or default. Interest rate reductions are only effective during periods of active repayment. We reserve the right to discontinue or modify benefit programs at any time without notice. Any termination or modification will not affect the terms of loans previously made. Specific terms and conditions apply, call 800-337-1009.