Student loans College planning Credit cards Savings About Us icon-contact icon-log-in icon-search Apply for a loan Multi-Year Advantage for undergraduate student loans You can get the money you need year after year—students have a 96% approval rate when they return to Sallie Mae® with a cosigner1 I'm ready to apply Cosign a student loan application Check student loan application status Variable rates 1.13% APR to 11.23% APR2 Fixed rates 3.50% APR to 12.60% APR2 Rates are for undergraduate student loans and lowest rates include the auto debit discount. Only the most creditworthy applicants who choose the interest repayment option may receive the lowest rate. Learn about your student loan options Undergraduate student loans Graduate student loans Parent loans Career training student loans See all student loans Undergraduate student loans benefits Multi-Year Advantage Year after year, you can get the money you need to cover 100% of your school-certified expenses.3 Undergraduate students have a 96% approval rate when they return to Sallie Mae with a cosigner.1 Repayment options that give you control Make payments while in school to lower total loan costs, or defer until after graduation.2 4 months of free Chegg Study® Get anytime, anywhere study and homework support.4 Learn more Stay up to date Understand your repayment options Going to grad school or serving in the military? Experiencing financial challenges? Learn about the repayment programs we offer. Explore student loan repayment options Our new Corporate Social Responsibility Report is here Learn about all the ways we’re helping power confidence in students by increasing access and opportunity through higher education. Read our Corporate Social Responsibility Report Inspo is Within Reach Tackle school and money decisions with expert tips and insight from those who’ve been there before. Read our blog Going to a university and being exposed to different ways of thinking is transformative. It’s really shaped how I think about things. Noor H. Aspiring lawyer New to student loans? Welcome Understand how private student loans work. Get ready to borrow We can help you make college happen 100% U.S.-based customer service rating from the Better Business Bureau to help you make college happen Borrow responsibly We encourage students and families to start with savings, grants, scholarships, and federal student loans to pay for college. Students and families should evaluate all anticipated monthly loan payments, and how much the student expects to earn in the future, before considering a private student loan. 1. You must apply for a new loan each school year. This approval percentage is based on students with a Sallie Mae undergraduate loan in the 2019/20 school year who were approved when they returned in 2020/21. It does not include the denied applications of students who were ultimately approved in 2020/21. 2. This loan is for undergraduate students at participating degree-granting schools. Students who are not U.S. citizens or U.S. permanent residents must reside in the U.S., attend a participating school in the U.S., apply with a creditworthy cosigner (who must be a U.S. citizen or U.S. permanent resident) and provide an unexpired government-issued photo ID to verify their identity. Applications are subject to a requested minimum loan amount of $1,000. Current credit and other eligibility criteria apply. Interest is charged starting when funds are sent to the school. With the Fixed and Deferred Repayment Options, the interest rate is higher than with the Interest Repayment Option and Unpaid Interest is added to the loan’s Current Principal at the end of the grace/separation period. Payments may be required during the grace/separation period depending on the repayment option selected. Variable rates may increase over the life of the loan. Advertised variable rates reflect the starting range of rates and may vary outside of that range over the life of the loan. Advertised APRs assume a $10,000 loan to a borrower who attends school for 4 years and has no prior Sallie Mae loans. The borrower or cosigner must enroll in auto debit through Sallie Mae to receive a 0.25 percentage point interest rate reduction benefit. This benefit applies only during active repayment for as long as the Current Amount Due or Designated Amount is successfully withdrawn from the authorized bank account each month. It may be suspended during forbearance or deferment, if available for the loan. 3. Loan amount cannot exceed the cost of attendance less financial aid received, as certified by the school. Sallie Mae reserves the right to approve a lower loan amount than the school-certified amount. Miscellaneous personal expenses (such as a laptop) may be included in the cost of attendance for students enrolled at least half-time. 4. This promotional benefit is provided at no cost to borrowers with undergraduate, graduate, or parent loans with a first disbursement between May 1, 2021 and April 30, 2022. Borrowers are not eligible to activate the benefit until July 1, 2021. Borrowers who reside in, attend school in, or borrow for a student attending school in Maine are not eligible for this benefit. Chegg Study® offers expert Q&A where students can submit up to 20 questions per month. No cash value. Terms and Conditions apply. Please visit http://www.chegg.com/legal/smtermsandconditions for complete details. This offer expires one year after issuance. The Sallie Mae Ignite, Sallie Mae Accelerate, and Sallie Mae Evolve credit cards are issued by Sallie Mae Bank pursuant to a license by Mastercard International Incorporated. Mastercard and World Mastercard are registered trademarks, and the circles design is a trademark of Mastercard International Incorporated. Sallie Mae loans are made by Sallie Mae Bank. Information advertised valid as of 11/06/2021. SALLIE MAE RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS, SERVICES, AND BENEFITS AT ANY TIME WITHOUT NOTICE. CHECK SALLIEMAE.COM FOR THE MOST UP-TO-DATE PRODUCT INFORMATION. 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