PRESS & MEDIA

    Newsroom.
    The story of a lender that came back.

    LoanAmerica facilitated $20 billion in student loans before federal nationalization ended private origination in 2010. In 2026, Congress recreated the market. Company facts, brand assets, and media contact below.

    Company announcements

    July 14, 2026

    LoanAmerica Launches School Partnership Program With 30-Day Onboarding

    Financial aid offices can add a full-spectrum private lending option through the certification channels they already use, with onboarding in about 30 days.

    July 16, 2026

    Grad PLUS Is Gone: LoanAmerica Statement on the OBBBA Taking Effect

    The federal programs that covered the gap between financial aid and the real cost of education are gone or capped as of July 1. LoanAmerica was rebuilt for this moment.

    July 16, 2026

    LoanAmerica Re-Enters Private Student Lending for the Post-OBBBA Market

    The team behind more than $20 billion in student loan originations has returned to active lending as the One Big Beautiful Bill Act reshapes federal student aid.

    Fast facts

    Founded

    1997

    Institutional-grade private lending for the vocational market

    Total Originations

    $20B+

    Across three decades of student and consumer lending

    Regulatory Record

    Zero

    TILA violations, state penalties, or enforcement actions

    Products

    Three

    Tuition, Graduate & Professional, and Parent loans

    Funding Target

    72 Hours

    From final approval to disbursement at the school

    Headquarters

    Las Vegas, NV

    Serving accredited schools nationwide

    The 2026 story

    Between 1997 and 2010, the team behind LoanAmerica® built one of the country's significant private student lending operations, originating more than $20 billion with a clean regulatory record. The Health Care and Education Reconciliation Act of 2010 nationalized federal student lending and displaced every private originator. The company converted to loan portfolio operations and waited.

    In July 2025, the One Big Beautiful Bill Act was signed into law. Effective July 1, 2026, it eliminated Grad PLUS loans entirely and capped Parent PLUS borrowing at $20,000 per year, removing the federal programs that hundreds of thousands of families relied on to close the gap between financial aid and the real cost of education.

    LoanAmerica re-entered active lending for exactly this moment: private student loans for undergraduate, graduate, vocational, and trade programs, reviewing every credit profile, in partnership with the schools whose students need a plan.

    Company boilerplate

    LoanAmerica® is a private student lending company serving undergraduate, graduate, vocational, and trade-school programs. Founded on three decades of student and consumer lending experience with more than $20 billion in loan originations, LoanAmerica re-entered active student lending in 2026 as the One Big Beautiful Bill Act reshaped federal student aid. The company reviews every credit profile, targets 72-hour funding for approved applications, and partners directly with schools to keep students enrolled when federal aid falls short.

    Brand assets

    LoanAmerica® is a registered trademark of LoanAmerica, LLC. Please do not alter the logo.

    Media contact

    Press and interview inquiries: [email protected]
    We respond within one business day.