Private Student Loan | Private Student Loans

need money for college?
you can get as much
as you need for school . . .

. . . and make no payments
until after you graduate¹

Competitive interest rates: 2.75% APR to 10.23% APR ⁴
No origination fees ⁴
Pay now or later-defer your payments until after graduation or choose an in-school repayment option that fits your needs ⁷
Borrow up to 100% of your school certified education costs (minimum $1,000)

	SALLIE MAE SMART OPTION STUDENT LOAN® For Degree-Granting Institutions Now you can pay for college the smart way with great repayment options and competitive interest rates! Together we can do this. The SayStudent Smart Option Student Loan® by Sallie Mae® is an ideal solution to help you pay for college expenses not covered by scholarships and federal loans.

	Get a 2% Smart Reward® in your Upromise® account when you make scheduled monthly payments on time while in school (Not available with the Deferred Repayment Option)more information below -(3) The 2% reward benefit is available on the Smart Option Student Loan during the borrower's initial in-school and separation period only. If the borrower leaves school but returns later, the reward will not be available for any subsequent in-school period. The primary borrower must be of the age of majority in his or her state of residence (typically 18 years old) and must enroll in Upromise at the time he or she applies for the loan or already be a Upromise member at the time of loan application. If the primary borrower is already a Upromise member at the time of loan application, the borrower must indicate that when applying for the loan and provide the requested information to confirm enrollment. To be eligible to receive the 2% reward, the borrower may not have had two consecutive scheduled payments past due on the loan for which the benefit is available. If the borrower has two consecutive scheduled payments past due, he or she will no longer be eligible for the reward on that loan. If all conditions are met, the primary borrower will earn 2% of the scheduled payment in Upromise rewards into his or her Upromise account for each payment made by the scheduled due date. The 2% reward will be based only on the scheduled payment amount due and cannot be earned on payments that exceed the scheduled payment amount. The 2% reward benefit is subject to the terms and conditions of the Upromise service (as may be amended from time-to-time), including without limitation, restrictions on conversion, transfer and redemption of rewards, reward denomination, including whether and under what circumstances the rewards have independent cash value, and terms relating to fees and/or the forfeiture of rewards. Benefit available on eligible loans first disbursed on or after June 1, 2010.

	Earn a 0.25 percentage point interest rate reduction while enrolled to make scheduled monthly payments by automatic debitmore information below -(5) Benefit for enrolling in monthly recurring automatic debit payments is available for as long as monthly payment is successfully deducted from the designated bank account. Benefit is suspended during periods of forbearance and certain deferments.

	No originations fees for degree-granting institutions (4)

	Applying with a creditworthy cosigner may help you qualify and/or receive a lower interest rate

	You can apply for a cosigner release after you graduate and make 12 consecutive on-time principal and interest paymentsmore information below -(6) To qualify for cosigner release, borrower must have successfully completed school, made 12 consecutive on-time principal and interest payments, meet age of majority requirements, be a U.S. citizen or permanent resident and meet the underwriting requirements when the release request is processed. Account must remain current until the request for cosigner release is processed. You must attend an eligible school and be enrolled in an eligible program. U.S. citizens enrolled in eligible study abroad programs or studying at medical schools outside the United States are also eligible. International students are eligible with a creditworthy cosigner (who must be a U.S. citizen or permanent resident) and appropriate U.S. Citizenship and Immigration Service documentation.