Assumptions: Assumes a February, 2008, Prime Rate of 6.50%, a $10,000 loan with two disbursements (one on September 1 and another on January 2), 45 months in school, 6 months grace and a 15-year repayment term. Auto debit interest rate reduction is NOT included in these assumptions.

*Unpaid interest that accrues while you are in school will be capitalized (added to your loan amount) at repayment.

** Creditworthy 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 cosigner release request is processed and the cosigner removal is approved.

SALLIE MAE RESERVES THE RIGHT TO MODIFY OR DISCONTINUE LOAN PROGRAMS AT ANY TIME WITHOUT NOTICE.

Terms and conditions apply. Signature Student Loans are funded by Sallie Mae Bank® or a Sallie Mae lender partner. Sallie Mae, Sallie Mae Bank, and Signature Student Loan are registered service marks and Champions for Higher Education is a service mark of Sallie Mae, Inc. Upromise and Upromise Loan Link are service marks or registered 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. ©2007 Sallie Mae, Inc. All rights reserved.