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Sallie Mae Student Loan: find out how to apply!
Learn how to apply for the Sallie Mae Student Loan, which is one of the best student loan services in the country. Read on!
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by José Gonçalo
Sallie Mae Student Loan: Low APR rates!
Apply to Sallie Mae Student Loan and fulfill your dream of graduating from college. Even applicants with a bad credit score may be eligible for 100% student spending coverage.
So, if you want to know how to pay for all your student fees, find out how to apply for this student loan below!
Online application
After filling out the application form, you must wait until your details and your guarantor’s details are confirmed.
In case of approval, a contract with the rates and conditions of the loan will be available for digital signature. Finally, your college will be consulted to verify your eligibility and loan amounts.
You will be redirected to another website
What are the requirements?
Indeed, to apply, you need to provide the following data:
- Address (if you have lived at your current address for less than a year, please provide your previous address);
- Social Security Number (SSN);
- Information from your educational institution (including enrollment status, degree, academic term, and course);
- Loan amount requested;
- Financial aid and scholarships you may be eligible for;
- Your employment information (company name and your gross income);
- Financial information (including bank accounts and your monthly mortgage or rent payments);
- Two personal contacts (in addition to your guarantor).
Apply on the app
Thus, Sallie Mae only accepts loan applications through the official website.
However, to manage payments, and check your loan status and your FICO® score, customers of this service can use the “Sallie Mae” app. Finally, this service is available free of charge.
Compare the Sallie Mae Student Loan to other options: Discover Student Loan
Indeed, here is a comparison of the most common student loan services on the market!
| Sallie Mae Student Loan | Discover Student Loan | |
| APR | Undergraduate: 3.37% to 13.72% variable APR 3.75% to 13.72% fixed APR Career training: 3.37% to 14.08% variable APR 3.75% to 14.08% fixed APR | From 4.49% to 14.09% (variable); from 5.49% to 13.99% (fixed) |
| Loan Purpose | Scholarships for Undergraduates, MBA, Dental Residency, Vocational Training, Medical School, Graduate Health Professions, and more | Undergraduate and postgraduate healthcare students, residency or internship for healthcare students, postgraduate for law students, and more |
| Loan Amounts | From $1,000 to 100% of the school-certified cost of attendance, including room and board, fees, books, supplies, and more | $1,000 to 100% of the school-certified cost of attendance (including tuition, housing, books, and more) |
| Credit Needed | N/A | Not specified |
| Origination Fee | None | None |
| Late Fee | N/A | None |
| Early Payoff Penalty | None | None |
If you want to learn more about the Discover Student Loan and how to apply for it, read our post below!
Discover Student Loan: find out how to apply!
Apply to a Discover Student Loan and access the best student loan option: a reward for good grades and no fees. Learn more!
José Gonçalo
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