After your student has applied for grants and scholarships that don't have to be repaid, and explores a low-cost Stafford Loan, consider an economical Parent PLUS Loan to help cover the costs of 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) Parent 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 PLUS application experience for parents, 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.
Be sure to select Sallie Mae Education Trust as your lender—ask for lender #802218
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