Loan amount cannot exceed the cost of attendance less financial aid received, as certified by the school. Sallie Mae reserves the right to approve a lower loan amount than the school-certified amount. Miscellaneous personal expenses (such as a laptop) may be included in the cost of attendance for students enrolled at least half-time.

Sallie Mae applications are subject to a requested minimum loan amount of $1,000

Covers up to 100% of school-certified expenses

You can apply to release your cosigner after you graduate or complete your certificate, make 12 on-time principal and interest payments, and meet certain credit requirements*

Consider adding a cosigner: Last year, student were nearly 3X more likely to be approved with a cosigner⁵

Get a 0.25 percentage point interest rate reduction when you pay by auto debit from your bank account.

Sallie Mae accommodates part-time, non-U.S., and DACA students
They cover all school-certified costs
They provide free study resources and cost calculators
Their loans are available for less than half-time, online, summer, abroad, and certification students
A 12-month path to cosigner release is offered
No early payment penalty
Offers a 0.25% discount for setting up autopay

A hard credit check is required to determine qualification and rate
You can't get a personalized interest rate estimate until you apply
Limited repayment options

It takes about 10 minutes to apply and get a credit decision.

You must be at least 18 years or the age of majority in your state of residence

Sallie Mae offers private student loans to undergraduate students and career training students who are taking a full class load, just a few classes, enrolled in a winter or summer term, or studying abroad

Sallie Mae private student loans are available in all 50 U.S. states

Students must pursue a bachelor’s degree, associate’s degree or a certificate at an eligible institution (specificed in their online application)

Requirements vary by university but in general, you need to complete enough credits and maintain decent grades to earn a degree within a set timeframe

We just need to know your school name

What school are you attending?