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.

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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.


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