Features

• Aggregate maximum loan amount: $15,000.
• Lower interest rates and fees offered to those with good credit histories.
• No school certification required.
• No cosigner required for creditworthy borrowers; better loan terms are available with a cosigner.
• Funds are made payable directly to you.
• Three-year grace period after graduation.
• Interest may be deferred during school and during the three-year residency grace period.
• Flexible repayment options with terms of up to 20 years; standard and graduated repayment options available.
• No payments required until you enter repayment .
• 24/7 online account access with Manage Your Loans^SM.
• Combined billing with other Sallie Mae student loans.
• Unpaid interest is capitalized when repayment begins.
• Cosigner release option available.