K-12 school loans
The K-12 Family Education Loan is a private, credit-based loan that allows parents to cover the entire cost of their child's education in private primary and secondary schools.
The K-12 Family Education Loan is available to parents or other creditworthy family members of children attending private elementary, middle, or high school — including prep schools, military school, parochial schools, Montessori schools, boarding schools, and others.
- Competitive rates that reward creditworthy borrowers.
- No prepayment penalty.
- Combined billing with all other Sallie Mae-serviced student loans.*
- 24/7 online account management.
- Flexible repayment terms.
*Certain restrictions apply.