Sallie Mae's Signature Student LoanSM

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 with competitive pricing that rewards creditworthiness1
    • One eligible individual: One-month LIBOR + 2.5% to one-month LIBOR + 8%
      • APR: 4.83% to 9.78%
    • Two eligible individuals: One-month LIBOR + 2.5% to one-month LIBOR + 7%
      • APR: 4.83% to 8.91%
  • Zero fees — saves you money up front and over the long haul
  • 0.50 percentage point interest rate reduction with automatic debit2
  • No minimum income requirement
  • No payments required while in school3
  • Six month grace period
  • Cosigner release option available after the first 24 on-time payments of principal and interest4
  • Flexible repayment options

Choosing us as your private student loan lender is a smart move. We offer the following helpful features:

  • 24 x 7 online account management at www.SallieMae.com/Repayment
  • Upromise Loan LinkSM service can help you pay down your eligible Sallie Mae-serviced student loans
  • Combined billing when you have multiple Sallie Mae-serviced student loans
  • Comprehensive credit education resources

The APR is a variable rate and will increase if the one-month LIBOR rate increases. The APRs shown are APRs effective as of 5/27/08. Signature Student Loans are funded by Sallie Mae Bank® or a Sallie Mae lender partner.

*Learn how to earn these benefits.

Apply now!

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Sallie Mae partners with many national and regional lenders, so you will always have a choice of lenders for your Signature Student Loan. And it makes sense for you to choose the same lender for both your Federal Stafford and Signature Student Loans. You'll have a single point of contact for service, online account access, and one combined monthly payment for all your Sallie Mae-serviced loans.

 

Tell your school that you want to use a Sallie Mae lender partner for all of your student loan needs.

 

Apply now and get pre-approved in less than 5 minutes. Cosigners can apply online, too!

 

If you have any questions after completing your pre-approval application, please call us at 800/695-3317.

 

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