Signature Student Loan extended repayment

Extended repayment terms can help you manage your finances during the early years of your career by lowering your monthly student loan payments.

You can prepay your loan at any time without penalty.

With extended repayment, the loan is repaid more slowly. As a result, your total interest costs may be higher.

If your balance meets the extended repayment requirements and you would like to lower your payments through a lengthened repayment term, please contact Sallie Mae at 1-866-913-6089.

If the cumulative Signature Student loan balance is Then the repayment term*
Less than $20,000 May be up to 15 years
$20,000–$39,999 May be up to 20 years
$40,000–$59,999 May be up to 25 years
$60,000+ May be up to 30 years

Estimate your monthly payment with an extended repayment plan.

With extended repayment, the loan is repaid more slowly. As a result, your total interest costs may be higher.

*Terms and conditions apply. The repayment term available on your private student loans may vary depending on loan type, outstanding loan balance, repayment plan, and the terms of your promissory note.



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