Federal Stafford Loans
After seeking out grants and scholarships that don't have to be paid back, consider a Federal Stafford Loan as a low-cost option to help pay for college. Choose us as your lender and you may be eligible for these borrower benefits:
Borrower Benefits
- 0.25 percentage point interest rate reduction for automatic debit during active periods of repayment1
Advantages of Choosing a Federal Family Education Loan (FFEL) Stafford loan
- Low, fixed interest rate
- No payments are required while you are in school at least half time2
- Six month grace period that enables you to plan your budget before making payments
- Default prevention that may help you successfully maintain your payments & flexible repayment options
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
- Easy online application and 24/7 online account management
- 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 Sallie Mae-serviced loans with Upromise LoansSM3
Please follow the link below as it contains important information and instructs you how to earn the borrower benefit.
*Learn how to earn these benefits.
This option is made available to you through the use of Dollar Bank as the lender (#522583).
Graduate PLUS Loan
After searching out grants and scholarships that don't have to be paid back, then maximizing your Stafford Loan borrowing, consider a low-cost Graduate PLUS Loan to help pay for grad school. Choose us as your lender and you may be eligible for these borrower benefits:
Borrower Benefits
- 0.25 percentage point interest rate reduction for automatic debit during active periods of repayment1
Advantages of Choosing a Federal Family Education Loan (FFEL) Grad PLUS loan
- Low, fixed interest rate
- No payments are required while your student is in school at least half time2
- Default prevention that may help you successfully maintain your payments & flexible repayment options
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
- A streamlined Grad PLUS application experience for graduates, including an online endorser process to help applicants who are not approved on the basis of their own credit
- 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 Sallie Mae-serviced loans with Upromise Loan LinkSM 3
Please follow the link below as it contains important information and instructs you how to earn the borrower benefit.
*Learn how to earn these benefits.
Medical School Loans Private Student Loan
Sallie Mae Medical School Loans Private Student Loan is a private, credit-based loan designed to provide additional funding for costs not covered by Federal Stafford Loans.
- No Origination Fee*
- Sign up for automatic debit and receive a 0.25 percentage point interest rate reduction.*
- Maintain a schedule of on time monthly payments and receive a 0.50 percentage point interest rate reduction.*
*Learn how to earn these benefits
Medical School Loans Residency and Relocation Loan
The Sallie Mae Medical Residency & Relocation Loan is a private loan for students in their final year of medical school. This loan can be used for expenses associated with finding a residency, including travel to interviews and relocation costs, which are not covered by federal student loan programs.
- Maintain a schedule of on-time payments and receive an immediate 1.00 percentage point interest rate reduction.*
- No payments are required while you are in school.
- You can manage your account online 24/7.
- You get life-of-loan servicing from Sallie Mae.
- You get the convenience of combined billing for all of your Sallie Mae-serviced loans.
- There is no prepayment penalty.
*Learn how to earn these benefits
We recommend that you contact the Ponce School of Medicine Office of Financial Aid if you have any questions or need assistance with the loan application process.