Sallie Mae Education Trust

Welcome Students and Families of the University of Phoenix

Sallie Mae Education Trust® is dedicated to making affording the school of your dreams a reality.

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Signature Student Loan®

 

Borrowing with a cosigner

After exhausting sources of free money (such as scholarships and grants) and applying for federal student loans, you may still need extra funds to cover your education costs. That's when you should consider the Signature Student Loan — America's most popular private student loan and an excellent source of gap financing.

The Signature Student Loan offers several advantages:

  • New price ranges that reward creditworthiness
    • One eligible individual: The interest rate is based on the one-month LIBOR + 4.5% to one-month LIBOR + 12.75%
      • APR: 7.46% to 14.45%1
    • Two eligible individuals: The interest rate is based on the one-month LIBOR + 4.5% to one-month LIBOR + 11.75%
      • APR: 7.46% to 13.65%1
  • Zero disbursement and repayment fees — save money up front and over the long term
  • 0.50 percentage point interest rate reduction for automatic debit2
  • No minimum income requirement and no payments required while in school and during 6-month grace period3
  • Applying with a creditworthy cosigner may help applicants qualify
  • Cosigner release option available after the first 24 consecutive on-time payments of principal and interest4

Why Sallie Mae is an Excellent Choice:

  • Unwavering commitment and stability for more than 35 years—we have helped over 21 million students realize their dream of a higher education
  • Easily manage payments for multiple Sallie Mae-serviced student loans on one bill with combined billing
  • Sallie Mae offers products and services that support positive repayment habits
  • Join Upromise® at www.upromise.com and use the rewards you earn on your everyday purchases to help automatically pay down your eligible Sallie Mae-serviced loans with Upromise Loan LinkSM 5

12345Visit www.salliemae.com/SignatureRateTerms for additional information.

Benefits of Using a Cosigner

  • If you do not have an established credit history, you may want to apply with a creditworthy cosigner to increase your chances of approval.
  • Even if you have an established credit history, you may be eligible for a lower interest rate if you apply with a creditworthy cosigner
  • Cosigner release option available after the first 24 on-time payments of principal and interest.4

How to cosign

  1. The borrower applies online for a Signature Student Loan.
  2. Cosign online with the borrower's confirmation number and PIN.

Cosign now!