Founded 1997  | $20B+ Originations  | All Credit Profiles  | 72-Hour Funding

    Proven Leadership Since 1997

    We Funded $20 Billion in Student Dreams.
    We're Back to Fund Yours.

    The team behind $20 billion in student lending across three decades. The One Big Beautiful Bill Act just created a multibillion-dollar funding vacuum. We're built to fill it.

    FOR STUDENTS & FAMILIES
    Three loan products. 72-hour funding.
    Begin your application →
    FOR SCHOOLS
    Drive enrollment. Reduce melt.
    Become a partner →
    FOR ADVISORS
    Refer clients. Track outcomes.
    Refer a client →
    Become a PartnerEstimate Your Funding Need

    Total Originations

    $20B+

    Across Three Decades

    Supporting millions of students since 1997

    Annual Peak

    $2B

    At Scale

    Proven ability to handle any institution's volume

    OBBBA Gap

    $100B+

    New Private Market

    Private lending opportunity created by the federal caps now in effect

    Regulatory

    3 Decades

    Zero Actions

    No TILA or state enforcement, ever

    FEDERAL FUNDING CHANGES ARE NOW IN EFFECT

    As of July 1, 2026

    Grad PLUS is gone and Parent PLUS is capped. Students need a private lending plan in place before the fall semester begins.

    IN EFFECTGrad PLUS eliminated · Parent PLUS capped

    WHY NOW

    The One Big Beautiful Bill Just Created a $100B+ Funding Gap.

    Effective July 1, 2026, Grad PLUS is eliminated and federal borrowing is squeezed across the board. Graduate, professional, career, and vocational students face the largest funding gaps in higher education. LoanAmerica® serves all credit profiles in these programs, including the students other lenders won't touch. We're here to help every student your school believes in stay enrolled and funded.

    GRAD PLUS, ELIMINATED

    Graduate students lose unlimited federal borrowing. A medical student facing $100K/year has a $50,000 gap even after the professional-student federal cap.

    PROFESSIONAL PROGRAMS, FEDERAL CAPS TIGHTEN

    Chiropractic, optometry, podiatry, PA, and DPT students carry stacked federal borrowing limits and tuition-to-aid gaps that private lending must close.

    VOCATIONAL, ALREADY UNDER-SERVED

    Trade students have always faced federal aid gaps. LoanAmerica® has lent in this segment for three decades, with products built for careers a robot can't do and a recession can't kill.

    THE FUNDING GAP, VISUALIZED

    Medical Student ($100K/yr)$50,000
    Fed 50%
    GAP 50%
    Law Student ($70K/yr)$20,000
    Fed 71.4%
    GAP 28.6%
    Vocational/Trade ($38K program)$28,500
    Fed 25%
    GAP 75%
    $100B+

    Estimated annual private lending market created by the One Big Beautiful Bill Act.

    FOR FINANCIAL AID OFFICES

    A partnership built for your diligence file.

    Obligations, data handling, and exit terms answered in plain language. Onboarding in about 30 days, certification through the channels you already use.

    Review the partner hub →

    COMPLIANCE & TRACK RECORD

    Three decades. Zero enforcement actions.

    More than $20 billion originated since 1997 with zero TILA violations and zero state penalties. In lending, the record is the product.

    Read the record →

    THE 2026 STORY

    The lender that came back.

    Federal nationalization ended private origination in 2010. The One Big Beautiful Bill Act recreated the market. We were built for exactly this moment.

    Visit the newsroom →

    THE LOAN NAVIGATOR

    Application to Funding in 72 Hours.

    1

    Student Applies

    3-minute Loan Navigator. Fast, simple, guided.

    2

    Program Check

    We verify your school and program eligibility instantly.

    3

    Decision

    Approvals are sent with rate and terms to student and your FA office.

    4

    Funded

    Direct to educational institution within 72 hours.

    PARTNERSHIP ESTIMATOR

    Estimate Your Students' Unmet Financial Need.

    ESTIMATED UNMET FINANCIAL NEED

    $2,625,000

    ~175 students funded per year

    Total Enrollment500
    Gap Utilization Rate35%
    Avg Loan Size$15,000

    For illustrative purposes only. Actual calculations depend on program specifics, student credit profile, and school tier. Contact us for a custom analysis.

    COMPLIANCE RECORD

    Three Decades. $20B+ Facilitated.
    Zero Enforcement Actions.

    Zero TILA violations. Zero state penalties. Zero regulatory actions across student and consumer lending since 1997. LoanAmerica operates under TILA, state lending laws, and applicable federal banking regulation. We encourage every borrower to exhaust federal options first.

    Read the full compliance record →
    0TILA Violations
    0State Penalties
    0Regulatory Actions

    BUILT FOR YOUR INSTITUTION

    Whether You Serve 200 Students or 20,000.

    Vocational & Trade Schools

    Allied health, aviation, HVAC, welding, automotive. Programs where federal aid has never been enough and your students need day-one tools and tuition gap coverage.

    Colleges & Universities

    Undergraduate and Graduate programs are facing the Grad PLUS elimination. Your students need six-figure funding solutions by fall 2026.

    Community Colleges

    Students and families hitting the new Parent PLUS cap need a partner that serves all credit profiles, not just prime borrowers.

    ALL CREDIT PROFILES

    Three Ways to Keep Your Students Enrolled and Funded.

    LoanAmerica® Lending Suite

    $500 – $100,000

    LoanAmerica offers three core private student loan products, Tuition, Graduate & Professional, and Parent, spanning $500 to $100,000. Each product serves all credit profiles, including thin-file and subprime borrowers. Funds disburse to your institution within 72 hours of approval.

    All credit profiles welcome through our school risk-sharing model

    Tuition Loan

    Up to $35K. Covers the gap when federal aid falls short of program cost.

    Graduate & Professional Loan

    Up to $100K for med, law, and MBA students who lost Grad PLUS.

    Parent Loan

    Up to $35K. For families hitting the new Parent PLUS cap.

    All Credit Profiles72-Hour Funding

    OUR STORY

    Three Decades of Student and Consumer Lending. Re-Focused for the 2026 Gap.

    1997

    LoanAmerica® Founded

    Institutional-grade private lending launched for the vocational market.

    2000s

    School Loans Corp at Peak

    Maurice Salter builds School Loans Corp into a $2 billion per year origination engine across federal and private student lending.

    Peak Years

    $20B+ Total · Zero Actions

    Total originations surpass $20 billion. Clean regulatory record throughout.

    2010

    Government Takes the Market

    HCERA nationalizes lending. Every private lender displaced. LoanAmerica® survives, converting to portfolio management.

    2010–2025

    Pivoted to Loan Portfolio Deals

    LoanAmerica® pivots to loan portfolio management and consumer lending while maintaining industry relationships and expertise.

    2026

    The OBBBA Creates a $100B+ Gap

    Built for vocational, career, and graduate programs. Your students need funding, and we're ready to deliver it.

    $20B+

    Total Originations

    Across three decades of consumer and student lending.

    Since 1997

    Experience

    Across student and consumer lending.

    "We have been here before. We didn't chase this opportunity, it came back to us."

    Maurice Salter

    Chairman & Founder · LoanAmerica®

    LEADERSHIP

    Three Decades. One Team. Aligned.

    MS

    Maurice Salter

    CHAIRMAN & FOUNDER

    A graduate of UCLA with a doctorate in education, he is the visionary behind the digital infrastructure of modern higher education. Maurice Salter's career is defined by a three-decade track record of high-stakes innovation and institutional trust. Co-founder of XAP, the pioneer of the nation's first electronic college application process.

    As Founder of School Loans Corp and LoanAmerica®, he led a lending platform that facilitated more than $20 billion in student loan originations, with three decades of experience across student and consumer lending.

    A veteran board member of UCLA and ECMC Group, Maurice Salter is now the primary voice for institutions navigating the $100B OBBBA funding vacuum, providing the private-market funding bridges required for the next generation of professional and vocational students.

    GET STARTED

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