Get a student loan for next semester
Choose the right student loan for where you're headed—undergraduate, career training, or graduate school
Variable rates:
1.87% APR1 – 11.97% APR1
Fixed rates:
3.75% APR1 – 12.85% APR1
Lowest rates shown include the auto debit discount.
For college students earning a bachelor's or associate's degree, or a certificate at a degree-granting school.
Get 4 months of free Chegg study help2
Variable rates:
1.87% APR3 – 12.48% APR3
Fixed rates:
3.75% APR3 – 13.29% APR3
Lowest rates shown include the auto debit discount.
For students taking professional training or certificate courses (culinary, aviation, technical, etc.).
Rates vary by loan
For graduate students seeking loans for medical, dental, health professions, MBA, Law, and master’s/doctorate degree expenses
Why choose student loans from Sallie Mae?
Whether you’re looking for a school loan to help pay for your undergraduate or specialized graduate degree, or a parent helping your student pay for college, our student loans for students are designed to help you meet your financial and educational needs.
Our student loan customers benefit from
- Applying for a student loan only once to get the money needed for the entire school year
- Student loans that feature 100% coverage for all school-certified expenses like tuition, fees, books, housing, meals, travel, and even a laptop4
- Multi-Year Advantage: Returning undergraduate and graduate school loan customers with cosigners have over a 90% approval rate,5 faster student loan applications, and the convenience of managing all private loans with one lender.
- No origination fee
- Competitive interest rates
- Multiple repayment options on loans for students
- 0.25 percentage point interest rate discount when enrolled in and making monthly payments by auto debit6
- Free access to FICO® Scores, updated quarterly online7
- 100% U.S.-based customer service teams
Attending school less than half time? You can still apply for a student loan
Whether you’re a full time, half-time, or less than half-time student, you can use school loans to pay for all your school-certified expenses at degree-granting institution.4 Taking winter or summer classes? Studying abroad? Taking continuing education or professional certification courses? We have student loans that can help you pay for classes taken online, on campus, or anywhere.
Federal student loans vs private student loans
When it comes to paying for college, first look for money you won’t have to pay back, like scholarships and grants. Then explore federal student loans. Finally, consider a responsible private student loan to cover the rest (your "gap").
Differences between Sallie Mae private student loans and federal loans8
Feature |
Sallie Mae private student loans for degree-granting schools |
Federal student loans9 |
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Fixed and variable rates |
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Auto debit discount |
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Interest, Fixed, or Deferred Repayment Options available to students during school |
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Origination fee |
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Less-than-half-time enrollment eligibility |
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