Pennsylvania Rewards

Sallie Mae Pennsylvania Rewards: More students qualify. More students save.

Sallie Mae is pleased to present our Pennsylvania Rewards program. Through it, we currently provide the lowest-cost education loans to students in the Commonwealth of Pennsylvania.

How useful are repayment benefits if only a few students actually qualify? This is the question we asked ourselves as we developed Pennsylvania Rewards. The package places benefits up front so that more student loan borrowers will qualify, and more will save money.

Sallie Mae's Pennsylvania Rewards package is good for students and families.

• No origination fee.
• 2% Graduation Reward (student must graduate and sign up for Sallie Mae's online account access tool).
• Based upon the original principal loan balance.
• Can be given as either an account credit or a payment.
• 3.5% reward after 24 on-time payments.
• Based upon the original principal loan balance.
• Given as an account credit.