Sallie Mae Education Trust
LAWLOANS Private Loan ® Terms and Conditions

LAWLOANS Private Loan and Bar Study Loan are funded by Sallie Mae Bank® or a Sallie Mae lender partner.


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1 LAWLOANS Private Loan and Bar Study Loan automatic-debit benefits apply to loans made in connection with attendance at a four-year, Title-IV eligible, not for profit college or university. The automatic-debit benefit is available during active repayment for as long as the borrower’s monthly payment is deducted from the borrower’s bank account.

2 Deferring payment while in school and in grace will increase the overall loan costs. Unpaid interest that accrues the borrower is in school and in grace will be capitalized (added to your loan amount) at repayment.

3 Creditworthy borrowers may request a cosigner release after making the first 24 scheduled, on-time payments of principal and interest. Borrower's account must remain current until the request for release is processed. Borrower credit qualification applies. Borrower must be a U.S. citizen or permanent resident at the time the cosigner release request is processed.

4 To view whether or not a student loan is eligible to participate in the Upromise Loan Link program, please visit www.upromise.com/loanlink. Access to Upromise is not limited to Sallie Mae loan customers.

Borrower benefit information valid as of October 27, 2008

SALLIE MAE RESERVES THE RIGHT TO MODIFY OR DISCONTINUE LOAN PROGRAMS, BORROWER BENEFITS AND UPROMISE LOAN LINK AT ANY TIME WITHOUT NOTICE. APPLICANTS SHOULD CHECK THE SALLIE MAE WEBSITE (SALLIEMAE.COM) CLOSE TO THEIR LOAN DISBURSEMENT DATE TO OBTAIN THE MOST UP-TO-DATE INFORMATION REGARDING LOAN PROGRAMS, INCLUDING BORROWER BENEFITS.


Sallie Mae, Sallie Mae Bank, LAWLOANS, Bar Study Loan and Champions for Higher Education are registered service marks and LAWLOANS Private Loan is a service mark of Sallie Mae, Inc. Upromise and Upromise Loan link are registered service marks or service marks of Upromise, Inc. SLM Corporation and its subsidiaries, including Sallie Mae, Inc., are not sponsored by or agencies of the United States of America. ©2008 Sallie Mae, Inc. (10/08)