Sallie Mae student loan application: how to apply now!
Completing your studies is not an easy task, is it? But with the Sallie Mae student loan you can have peace of mind. Read to learn about the Sallie Mae student loan application!
by Sabrina Paes
Application for the Sallie Mae student loan: easy application!
Are you in need of financial help to complete your studies? Then Sallie Mae can help you. But for that, you need to understand the Sallie Mae student loan application.
This student loan option can cover up to 100% of your studies. If you opt for automatic payment, you can have reduced fees in addition to no extra fees. See how to apply today.
You can easily apply for a student loan with Sallie Mae. All you need to do is to go to the official website and click on Get Started on the Student Loans page.
Then, you’ll be redirected to a page where you can provide the personal information required.
You can complete the application as a co-signer or as the student themselves. You’ll need to answer a few questions before completing the application, such as the purpose of the loan and the amount.
After all that, you can complete the application and wait for a response about your student loan!
You’ll need to meet some requirements before you start the application process. For example, you need to be a student enrolled in one of the qualifying courses and graduations provided on the website.
Apply on the app
You can manage your student loan as a student or a cosigner through the official mobile app. However, you’ll need to follow the steps above to complete the application through the official website!
Sallie Mae student loan vs. Custom Choice student loan: which is the best for you?
If you don’t know about getting a student loan through Sallie Mae, we can give you a different opinion, such as the Custom Choice student loan. Check out our comparison table below to help you decide!
|Sallie Mae student loan||Custom Choice student loan|
|APR*|| Career Training Student Loans:|
3.25% to 13.97% variable APR
3.75% to 14.08% fixed APR
For undergraduate students:
3.25% to 13.59% variable APR
3.75% to 13.72% fixed APR
Rates for graduate student loans vary depending on the loan
2.67% to 11.55% variable APR;
3.65% to 12.47% fixed APR.
|Loan Purpose||Funding for undergraduate, graduate, or technical career courses||Undergraduate, graduate, or technical career courses.|
|Loan Amounts||$1,000 minimum and up to 100% of the school-certified cost of attendance||$1,000 up to 100% of the school-certified cost of attendance minus other aid, not to exceed $99,000.|
|Credit Needed||Does not disclose||660 minimum|
|Early Payoff Penalty||N/A||None|
And if you like the Custom Choice student loan features, check out our post below to learn about the application process for it!
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