Providing low-cost private education loans to help Texas residents achieve their goals — without breaking the bank.
Why Choose Texas Extra Credit
by Higher Education Servicing Corporation?
Higher Education Servicing Corporation (HESC) is a nonprofit organization with over 48 years of experience helping Texas students and their families realize their educational dreams in a fiscally responsible manner.
Today, we accomplish this mission by offering free outreach programs designed to create a college and career-focused community, low-cost private education loans through our Texas Extra Credit Education Loan program to help students and families cover the costs of higher education, and customer-centric servicing to our borrowers from application through repayment.
Texas Extra Credit: Low-Cost Education Loans for Texans by Texans
Learn more about each of our loan programs:
Which Loan Is Right for Me?
Whether you’re an undergraduate, graduate or doctoral student currently attending or planning to attend college, a parent that is interested in covering their child’s educational expenses or you have education loan debt that you’re interested in refinancing, we have a low-cost loan option for you! Learn more about each of our Texas Extra Credit Education Loan programs below.
Undergraduate Loan
For Undergraduate Student Borrowers attending an approved school at least half-time that may or may not require a cosigner for credit approval.
Parent Loan
For parents, family members or other creditworthy individuals that wish to take out a loan on behalf of a student attending an approved school at least half-time.
Graduate Loan
For Graduate Students seeking a masters or doctoral degree not covered by one of our specific loan programs who are enrolled at least half time at an approved school.
MBA Loan
For Graduate Students seeking a Master of Business Administration (MBA) degree who are enrolled at least half time at an approved school.
Medical School Loan
For Doctoral Students seeking a degree in the field of Medicine (MD), Optometry (OD), Osteopathic Medicine (DO) or Podiatry (DPM, DP or Pod.D) who are enrolled at least half time at an approved school.
Health Professions Loan
For students seeking a degree in the field of Nursing (MSN or DNP), Clinical Psychology (Psy.D or Ph.D), Pharmacy (Pharm.D) or Chiropractic (DC or DCM) who are enrolled at least half time at an approved school.
Dental School Loan
For Doctoral Students seeking a degree in the field of Dentistry (DDS or DMD) who are enrolled at least half time at an approved school.
Veterinary School Loan
For Doctoral Students seeking a degree in the field of Veterinary Medicine (DVM or VMD) who are enrolled at least half time at an approved school.
Law School Loan
For Doctoral Students seeking a Juris Doctor (JD) and are enrolled at least half time at an approved school.
Refinance Loan
For Borrowers with eligible federal and/or private education loans disbursed from a Title IV institution of higher education that wish to refinance their debt
into a single loan.
Why Choose HESC?
HESC is motivated by putting people first. We do more than help Texas residents pay for college – we help them prepare for it with our outreach programs.
Our customer-centric focus and agile operating model allows us to quickly answer borrowers’ questions or make decisions.
We’ve been in business since 1978. Our longevity means stability.
Our employees bring a caring, helpful approach to our interactions with each other and each borrower.
We strive to offer some of the lowest interest rate loans in Texas and provide significant benefits to help our borrowers repay their loans.
Important Information Before Applying
Before applying for a Texas Extra Credit Education Loan, we highly recommend students currently attending or planning to attend college apply for and make use of all federal student aid through the Free Application for Federal Student Aid (FAFSA®) at fafsa.gov. To learn more about the types of federal student aid available, when to apply and eligibility requirements, visit studentaid.gov.