Estimate your upcoming student loan payments

When your separation or grace period ends (usually six months after you leave school), you’ll start making principal and interest payments. Your principal and interest payments will likely be more than what you paid while in school. Understanding the details of your loan(s) will help you plan and never miss a payment.
  • Find out what’s what. From what your interest rate is to how long you’ll make student loan payments, if you have questions about your loan, log in and head to the Loan Details page.
  • Know what you’ll owe. During your separation or grace period, we’ll send you billing statements and other communications that’ll show your estimated monthly payment amount. (For a Smart Option Student Loan®, both the borrower and cosigner receive billing statements; cosigners on other loan types may not receive them.)

Your billing statement in the last month of your separation or grace period will show you how much your new principal and interest payment amount will be and when it’s due (the Current Amount Due Date). Your student loan payment will be due the same date every month.

Skip ahead to the ending

If you don’t want to wait to get an estimate of what your new principal and interest payment amount will be, you can use our Student Loan Payment Amount Estimator.

Related topics

Ways to make your student loan payments

Select how you want to make student loan payments—choose between auto debit, paying online, mobile app, phone, mail, or third-party bill-pay services.

Tips for repaying your student loans

Save yourself some money and find out how you may be able to lower your Total Loan Cost.

Sallie Mae® app 

Make and manage your Sallie Mae student loan payments from your Apple® or Android™ phone anytime, anywhere.

footnote Apple, iPhone, Apple Watch, Siri, and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc., registered in the U.S. and other countries.

footnote Android, Google Play and the Google Play logo are trademarks of Google Inc.