Contact Us Today
Phone: 877-768-0001 M-F, 8:00 a.m. to 7:00 p.m. CT Email: info@txstudentloans.com
College Ready Loan Program

The College Ready Loan Program (CRLP) is a customizable, turn-key private education loan product for financial institutions and was developed to provide a competitive, low-cost higher education loan solution that meets the needs of your institution’s specific yield requirements and risk concerns.

Our loan program solution offers a complete suite of services including online application processing, an automated underwriting process with loan decisioning and pricing based on FICO and Debt-to-Income matrices, automated school certification, loan originations, documentation and disclosure, disbursement processing, interim and repayment servicing, full-service marketing and account management training, monthly reporting services, marketing support and much more.

HESC’s experienced team of student loan professionals have originated over $3.5 billion in private education loans and currently service and administer over $1 billion in federal and private education loans. With over 35 years of experience in the education loan industry, HESC will provide superior life-of-loan servicing of all CRLP loans and administer such repayment functions as payment processing, borrower benefits, and deferment and forbearance options.

Control the features and options of your program including:

  • Variable and/or Fixed Interest Rates
  • Product Pricing and Risk-Based Tiers
  • Repayment Terms and Options
  • Origination and Disbursement Fees
  • Borrowing Loan Limits
  • Borrower Services and Benefits
  • Deferment and Forbearance Options
A comprehensive line of loan products

HESC offers four CRLP products and allows you to select the perfect mix for your institution be it one product to the complete line. Find out more about each of our programs and their benefits below.

  • Private Education Loan – A higher education related loan made to a student who is attending, or scheduled to attend, a participating college or university. The Private Education Loan may or may not require an eligible Co-signer. Applicants and cosigners may use the loan to finance any portion of the educational expenses certified by the participating school. Set-up fee starting at $500.

  • Private Sponsor Loan - A higher education related loan made directly to a parent, sponsor or other credit worthy applicant (“Sponsor”) on behalf of a student who is attending, or scheduled to attend, a participating college or university. The Sponsor may use the loan to finance any portion of the educational expenses certified by the participating school. The lender may or may not require the student to be a cosigner on the loan. Set-up fee starting at $500.

  • Refinance Education Loan – A higher education related loan which is refinanced from the lender’s existing portfolio and boarded to the Servicer’s system as a new private education loan. Contact us for pricing information.

  • Private Consolidation Loan – A higher education related loan made for the purpose of paying off and consolidating existing higher education loans which include private student or parent loans and private consolidation loans. Federal or Federal Direct loans are not eligible for this consolidation. Set-up fee starting at $500.
Contact us today for more information

To inquire about any of our CRLP products, please feel free to contact us by phone at (877) 768-0001 or by email at info@txstudentloans.com.
Click here if you would like to learn more about our other Private Loan Product, the Texas Extra Credit Education Loan Referral Program.

Know the Facts: The Rising Cost of Tuition
College tuition has been rising exceedingly fast in the US.

Over the last 35 years, it's up more than 1,100%. During the same period, the Consumer Price Index--a broad gauge of the level of prices in the US--is up about 260%.


About HESC
As a private, non-profit organization, Higher Education Servicing Corporation (HESC) was established over 35 years ago with the mission to help Texas students and families reach their higher education goals.

Today, HESC continues its mission by providing low-cost education loan products and services to help Texas families fill their unmet financial aid need, servicing over a billion dollars in federal and private education loans, and administering a variety of educational outreach activities that help and inspire Texas students to pursue and achieve a post-secondary education.

Contact Information
Phone: 877-768-0001 M-F, 8:00 a.m. to 7:00 p.m. CT
Email: info@txstudentloans.com

Mailing Address
4381 West Green Oaks Blvd., Ste. 200
Arlington, TX 76016