Reviews

Sallie Mae student loan review: is it worth it?

The Sallie Mae Student Loan is a great option for anyone looking for a low-rate loan. Check out how it can help you!

Advertisement

Sallie Mae student loan review and benefits: great contracting conditions and 100% coverage

Sallie Mae logo
Read our review of Sallie Mae student loans! Source: Sallie Mae

Do you need help to finish studying? You can then take out a student loan that doesn’t weigh you down. The Sallie Mae Student Loan is a very flexible option that caters to many students.

Sallie Mae logo

How to apply for Sallie Mae student loan?

Completing your studies is not an easy task, is it? But with the Sallie Mae student loan you can have peace of mind. Learn about the Sallie Mae student loan application!

The Sallie Mae loan guarantees considerable discounts for those who opt for automatic payment. In addition, it can cover up to 100% of your studies. Check out more about this option.

APRCareer 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
Loan PurposeFunding for undergraduate, graduate, or technical career courses
Loan Amounts$1,000 minimum and up to 100% of the school-certified cost of attendance
Credit NeededDoes not disclose
Origination FeeNone
Late FeeN/A
Early Payoff PenaltyN/A

Sallie Mae student loan: how does it work?

piggy bank With Graduation Cap on old wood,Money saving concept.
Learn more about how this student loan works! Source: Adobe Stock

The Sallie Mae Student Loan is the ideal option for those who need more specific fees depending on the undergraduate, technical or postgraduate course.

Therefore, the loans offered have different benefits depending on the category. Also, you can cover up to 100% of your studies.

Is it worth it to apply for the Sallie Mae student loan?

The Sallie Mae Student Loan has no origination fees and also allows for full coverage of studies.

In addition, it has fixed and variable APR rates based on the category of studies. You can attend a postgraduate, technical course, or undergraduate degree. Check out the benefits and disadvantages.

Benefits

  • Discounts for automatic payment:
  • Full coverage depends on the credit history of the student and the guarantor;
  • Allows specific loans according to category;
  • No origination fees.

Disadvantages

  • In case of financial difficulty and late payment of the monthly reimbursement, the company does not offer to refinance.

What credit scores are required for the application?

The required credit level is not disclosed by the company. That is, you will only know after passing the qualification if you are eligible to apply for this loan.

However, you can get better rates if you have a higher credit score.

Sallie Mae student loan: applying for this loan today

Sallie Mae Student Loans require some documentation and a thorough review of your credit history. Therefore, it is essential to follow all the steps and fill in your data as clearly as possible.

In order to help you, we prepared the post below. So, you will learn how to apply today and get your loan as soon as possible. Don’t forget to check it out!

Sallie Mae logo

How to apply for Sallie Mae student loan?

Completing your studies is not an easy task, is it? But with the Sallie Mae student loan you can have peace of mind. Learn about the Sallie Mae student loan application!

Trending Topics

content

How to land your dream job at KFC in USA

Do you dream of joining the ranks at KFC? If so, then this blog post is for you! We'll dive into the details of what it takes to successfully apply for a job at KFC.

Keep Reading
content

Rocket Loans personal loan application: how to apply now!

Do you need a loan with no hidden fees and that you can apply for online? Read on to learn about the Rocket Loans personal loan application!

Keep Reading
content

Applying for the Discover Bank account: learn how!

Discover Bank is a great option to open your account. Want to know how to do it? Then find out here how to apply.

Keep Reading

You may also like

content

Applying for the Truist Enjoy Beyond Credit Card: learn how!

Learn how to apply for the Truist Enjoy Beyond Credit Card here! Earn 30,000 bonus points in the 1st 3 months! Read on!

Keep Reading
content

Earn Big Rewards: Apply for Pelican Points Visa

Get straightforward instructions to apply for the Pelican Points Visa! Earn points on every purchase and make the most of your money!

Keep Reading
content

R.I.A. Federal Credit Union Mastercard® Rewards Card: apply now!

Are you ready to apply for the R.I.A. Federal Credit Union Mastercard® Rewards Card? Then read on! Earn 1.5% cash back and much more!

Keep Reading