This information is for borrowers attending degree-granting institutions only. You must attend a participating school or have attended one in an eligible prior enrollment period. You must be a U.S. citizen or a permanent resident or a Non-U.S. citizen borrower who is attending or has attended a school located in the U.S. applying with a creditworthy cosigner (who must be a U.S. citizen or permanent resident) and required U.S. Citizenship and Immigration Service (USCIS) documentation. U.S. citizens and permanent residents enrolled in eligible study abroad programs or who are attending or have attended schools located outside the U.S. are also eligible. Applications are subject to a requested minimum loan amount of $1,000.
Current credit criteria and other eligibility criteria apply.
1 Interest rates for the Deferred Repayment Option are higher than for loans with the Fixed and Interest Repayment Option.
Variable rates may increase after consummation.
Interest is charged while you are in school and during the 6-month separation period.
Any interest that remains unpaid when you enter full repayment will be added to your loan balance.
The deferred repayment option is only available to borrowers attending degree-granting institutions.
2 As certified by your school and confirmed by Sallie Mae, less other financial aid received. Sallie Mae reserves the right to approve a lower loan amount than what the school has certified.
Requested amounts exceeding $99,999 may require multiple loans.
Information advertised valid as of 4/27/2015.
WE RESERVE THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS, SERVICES, AND BENEFITS AT ANY TIME WITHOUT NOTICE.
Sallie Mae, Smart Option Student Loan, and the Sallie Mae logo are service marks or registered service marks of Sallie Mae Bank or its subsidiaries.
Smart Option Student Loans are made by Sallie Mae Bank or a lender partner.