Sallie Mae Home  Undergraduates  Smart Option Student Loan  Career Training Smart Option Student Loan  Graduates  Smart Option Student Loan  Medical Residency and Relocation Loan  Dental Residency and Relocation Loan  Bar Study Loan  Parents  Sallie Mae Parent Loan  K-12  Managing Your Loans  Banking  Insurance  Credit Card  Upromise Rewards  Plan for College  Saving for College  Scholarships for College  College Grants  Financial Aid  Types of Student Loans  The College Planning Toolbox  How America Pays for College  How America Saves for College   Sallie Mae Sweepstakes and Scholarships  Contact Us  Feedback 
Manage & Pay Loans
To log into your student loan account, go to the home page and tap Login again. We’re sorry for this temporary technical issue.
Banking  Upromise Rewards  Finish a saved loan application  Cosign a student loan application  Check loan application status 

Saving for College

If college is ahead for your child, one of the most important things you can do is to start saving now.

Saving For College

The sooner you do, the more you can help them on the road to paying for their higher education. Don’t assume financial aid will cover total college expenses. Perhaps you’re thinking, “Our student will get scholarships and financial aid to cover the total cost of college, right?” According to a study by Sallie Mae and Ipsos, “How America Pays for College1,”

  • Scholarships and grants cover about 34% of total college costs.
  • Parents’ income and savings account for another 29%.

You don’t have to pay sticker price for college

To figure out how much will be needed to pay for college, you need to know the cost of attendance (COA). Each school determines its annual average COA by estimating the tuition and fees, room and board, books and supplies, transportation, and personal expenses you will need for the academic year. There's more to the cost of college than just the sticker price.

Was this page useful?
Tell us more

College Ahead Plan for College

1 This information was gathered on June 27, 2016 from