Pricing is effective for AY 08-09 loan applications with first disbursement June 1, 2008 or later.

View interest rates and fees.

¹Interest rate reduction of 0.50 percentage point is available during active repayment for as long as the borrower's monthly payment is successfully deducted from the borrower's bank account. Loans eligible for the automatic debit benefit must be first disbursed on or after June 1, 2008.

²Deferring payment while in-school will increase the overall loan costs. Unpaid interest that accrues while you are in school will be capitalized (added to your loan amount) at repayment.

³Creditworthy borrowers may request a cosigner release after making the first 24 consecutive, on-time payments of principal and interest. Your 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.

Sallie Mae reserves the right to modify or discontinue loan programs at any time without notice. Applicants should check the Sallie Mae website close to their loan disbursement date to obtain the most up-to-date information regarding loan programs, including borrower benefits and repayment incentives.

Subject to the above, borrower benefits and repayment incentives are effective for MBA LOANS Private Loans first disbursed on or after June 1, 2008 and serviced by Sallie Mae.

MBA LOANS Private Loans are funded by Sallie Mae Bank^® or a Sallie Mae lender partner. Sallie Mae, Sallie Mae Education Trust, Sallie Mae Bank, and MBA LOANS are registered service marks, and MBA LOANS Private Loan is a service mark of Sallie Mae, Inc.