Sallie Mae | Education Trust

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

Student

MBA LOANS® Stafford Loan

  

 
     

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:

  • 0.25 percentage point interest rate reduction for payments made via automatic debit*
  • 24 x 7 online account management at www.SallieMae.com/Repayment

*Learn how to earn these benefits.

Apply for a Signature Student Loan Apply for MBA LOANS!Apply for a MBA LOAN

MBA LOANS Private LoanSM

  

Borrowing with a Cosigner

     

The 2008-2009 MBA LOANS Private LoanSM features:

  • No repayment or disbursement fees
  • No income requirement
  • Low, credit-based interest rates
  • 0.50 percentage point interest rate reduction with automatic debit1
  • Loan limits that accommodate up to the cost of attendance as certified by your school, less other financial aid received
  • No payments required while in school2
  • Cosigner release option available after the first 24 consecutive on-time payments of principal and interest3

There is a $175,000 aggregate loan limit.

Eligibility:

  • Be a U.S. citizen or non-citizen permanent resident without conditions and with proper evidence of eligibility, or an international borrower applying with a creditworthy U.S. citizen or non-citizen permanent resident.
  • Have no student loans that are delinquent or in default.
  • Meet established credit criteria.
  • Have already considered a Federal Stafford Loan and Graduate PLUS Loan and need additional funding.
  • Are enrolled in an eligible program at least half-time: business administration, marketing, accounting, finance, economics, taxation, and Executive MBA. (Students attending a qualified school on a less than half-time basis may also qualify. Contact your school's financial aid office for details.)

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(3) Learn how to earn these benefits.

Learn how to earn these benefits.


Apply for a MBA LOANS Private Loan! Apply for a MBA LOANS Private Loan!Apply for a MBA LOANS Private Loan!

  Cosigner Release

Creditworthy borrowers may request a cosigner release on the MBA LOANS Private Loan after making the first 24 consecutive payments of principal and interest on time. Your account must remain current until the cosigner release is processed and the cosigner removal is approved. (Cosigner release option is not available to foreign borrowers.)

How to cosign

  1. The borrower applies for a MBA LOANS Private Loan.
  2. Cosign online with the confirmation number and PIN provided by the borrower.

Cosign now!

 

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