The private loans listed below are available to students who are unable to finance the entire cost of their education with only Federal guaranteed student loans and other financial assistance. Each program offers different terms.
Most lenders charge a guarantee or origination fee, and, the repayment options vary accordingly.
Though these loans are not based on the student's need, other financial aid is always considered when determining maximum amounts. No combination of financial assistance may exceed the total cost of attendance for each academic year. A student may borrow annually, the cost of education less other financial aid. Your federal and private supplemental loans that are owned by Sallie Mae will be serviced in one account, with one bill. A student may borrow on his or her own signature.