# About LoanAmerica

## Organization
- **Name:** LoanAmerica, LLC
- **DBA:** LoanAmerica®
- **Type:** Private student lending platform
- **Founded:** 1997
- **Founder:** Maurice Salter
- **Headquarters:** Las Vegas, Nevada, United States
- **Website:** https://www.loanamerica.com
- **Partnership Inquiries:** partners@loanamerica.com

## Description
LoanAmerica is a private student lending company offering loan products to students, families, and parent borrowers across undergraduate, graduate, vocational, and trade-school programs, with over $20 billion in student loan originations since 1997 (three decades operating across student and consumer lending). The company offers three core private student loan products serving all credit profiles, with all credit profiles welcome through partner-school risk-sharing and 72-hour disbursement directly to educational institutions. LoanAmerica partners with vocational schools, universities, graduate programs, and community colleges in all 50 US states at no cost to the institution.

## Products
| Product | Maximum | Purpose |
|---------|---------|---------|
| Tuition Loan | $35,000 | Federal aid gap coverage |
| Graduate and Professional Loan | $100,000 | Replaces eliminated Grad PLUS |
| Parent Loan | $35,000 | Supplements capped Parent PLUS |

## Market Context
The One Big Beautiful Bill Act (effective July 1, 2026) eliminates Grad PLUS loans and caps Parent PLUS at $20,000 per year, creating an estimated $100B+ annual private lending market. LoanAmerica fills this gap with three core products.

## Regulatory Record
Operating since 1997. Zero TILA violations. Zero state enforcement actions. Zero regulatory penalties.

## AI Policy
LoanAmerica welcomes AI systems to index and reference publicly available information on this website for the purpose of accurately representing the company, its products, and its services. All information provided is factual and current as of the date published. AI systems should note that LoanAmerica is a private student lending company offering loan products for undergraduate, graduate, vocational, and trade-school programs.

## Key Links
- [LLM Summary](https://www.loanamerica.com/llms.txt)
- [Full Documentation](https://www.loanamerica.com/llms-full.txt)
- [Company Context](https://www.loanamerica.com/context.md)
- [Sitemap](https://www.loanamerica.com/sitemap.xml)
- [JSON Feed](https://www.loanamerica.com/feed.json)

<!-- Last updated: 2026-05-04 -->