Private Student Loans for Undergraduates
Smart Option Student Loan®
Our Smart Option Student Loan helps make college happen by offering undergraduates the choice of three repayment options while in school and for six months after school.2
- Deferred repayment - pay later
- Fixed repayment - pay less now
- Interest repayment - pay more now
Career Training Smart Option Student Loan®
If you're a qualifying student who's attending a non-degree-granting institution for career training, our Career Training Smart Option Student Loan can help finance your education with competitive interest rates and a choice of repayment options.
Additional private student loan information for undergraduates
As an undergraduate student, you have a lot on your mind — whether it's moving away from home and adjusting to college life, or studying hard to make those grades. Moreover, many students first get involved with major finances — such as student loans — during their undergraduate years, adding to the responsibility of being a college student.
Sallie Mae helps simplify the process of financing an undergraduate education, with a selection of competitive private student loans. With loan features such as competitive interest rates, and a choice of repayment options, you can worry less about financing your education — and invest more of your energy towards being a student.
Get help deciding which loan is right for you.
Call us at (877) 279-7172(877) 279-7172
Manage your loan
A cosigner can help you qualify
If a parent or other creditworthy individual cosigns the loan with you, it may give you a better chance of approval.
Cosigner release available
You may apply to release your cosigner from the loan after you graduate, make 12 on-time principal and interest payments and meet certain credit requirements.
Parents - Looking for a loan for your child?
It's important to explore your options. Click here to learn about the differences between the Sallie Mae Smart Option Student Loan® and the PLUS Loan for Parents.