the Smart Option Student
Loan for SayStudent
by Sallie Mae® ...
. . . with a choice of repayment
options, competitive interest
rates and no origination fees
For those attending or borrowing for a student attending a degree-granting institution
Whether you're an undergraduate student, graduate student, or parent helping a student pay for school, these flexible loans are designed to meet your needs:
- Competitive variable and fixex interest rates
- No origination fees and no prepayment penalty 1
- Multiple repayment options
 |
- Smart Option Student Loan® for Undergraduate Students
Pay for your bachelor’s, associate’s, or certificate expenses at a degree-granting school
- Graduate School Loan
Pay for expenses as you pursue your master’s and doctoral degrees
- MBA Loan
Pay for your business school expenses as you pursue your Masters of Business Administration degree
- Medical School Loan
Pay for your medical degree expenses in allopathic, general, osteopathic, podiatric, radiology, sports, and veterinary medicine
- Dental School Loan
Pay for your dental degree expenses in general dentistry, endodontics, oral and maxillofacial surgery, orthodontics, pediatric dentistry, periodontics, and prosthodontics
- Health Professions Graduate Loan
Pay for your health professions degree expenses in allied health, nursing, pharmacy, and other graduate-level health programs
- Law School Loan
Pay for your school and associated expenses as you study for your law degree
- Parent Loan
Help your student by taking responsibility with a loan in your name
|
 |
|
 |
No origination fees and no prepayment penalty more information-(1) |
|
|
|
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. more information-(5) |
|
|
|
Pay Now or Later
Defer your payments until after school or choose an in-school repayment option that fits your needs. more information-(1) |
|
|
|
Graduated Repayment Period
The Smart Option Student Loan was the first nationwide private student loan to offer a Graduated Repayment Period feature6, providing budget flexibility after you finish school. Students who maintain their Sallie Mae loans in good standing can request to make 12 monthly interest-only payments instead of full principal and interest payments after they finish school. more information-(6,7) |
|
|
|
A Quick Credit Result
Applying online is fast and easy. It only takes about 15 minutes to apply and get a credit result. |
|
|
don't wait another minute!
or dial: 866-813-7760
finance your college needs now!
borrow responsibly
We encourage students and families to start with savings, grants, scholarships, and federal student loans to pay for college. Students and families should evaluate all anticipated monthly loan payments, and how much the student expects to earn in the future, before considering a private student loan.
* These loans are made by Sallie Mae Bank or a lender partner. SayStudent is not the creditor for these loans and is compensated by Sallie Mae for the referral of loan customers.
Smart Option Student Loan and graduate loan products: This information is for students attending participating degree-granting schools. Smart Option Student Loan information is for undergraduates only. Graduate Certificate/Continuing Education coursework is not eligible for MBA, Medical, Dental, and Law School Loans. Borrowers must be U.S. citizens or U.S. permanent residents if the school is located outside of the United States. Non-U.S. citizen borrowers who reside in the U.S. are eligible with a creditworthy cosigner (who must be a U.S. citizen or U.S. permanent resident) and are required to provide an unexpired government-issued photo ID to verify identity. Applications are subject to a requested minimum loan amount of $1,000. Current credit and other eligibility criteria apply.
Parent Loan: This information is for borrowers with students attending participating degree-granting schools. The student is not eligible to be a borrower or cosigner. The borrower, cosigner and student must be U.S. citizens or U.S. permanent residents. The school may refund loan funds directly to the student, and if that occurs, borrower, and cosigner (if applicable) would still be responsible for repaying that amount. Applications are subject to a requested minimum loan amount of $1,000. Current credit and other eligibility criteria apply.
1 Although we do not charge you a penalty or fee if you prepay your loan, any prepayment will be applied as provided in your promissory note: First to Unpaid Fees and costs, then to Unpaid Interest, and then to Current Principal.
SALLIE MAE RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS, SERVICES, AND BENEFITS AT ANY TIME WITHOUT NOTICE.
© 2019 Sallie Mae Bank. All rights reserved. Sallie Mae, the Sallie Mae logo, and other Sallie Mae names and logos are service marks or registered service marks of Sallie Mae Bank. All other names and logos used are the trademarks or service marks of their respective owners. SLM Corporation and its subsidiaries, including Sallie Mae Bank, are not sponsored by or agencies of the United States of America.
Smart Option Loan Legal Information
1 2 3 5 6 7 click here for additional important information. Terms, conditions and limitations apply.
