How to apply for the Sallie Mae Student loans?
Sallie Mae Student loans offer affordable loans to cover all your college expenses, including tuition, books, fees, housing, travel, meals, and all you need to get your degree. Learn how to apply for it!
by Aline Augusto
Applying for Sallie Mae Student loans: simple application for various programs!
Sallie Mae covers 100% of your school-certified expenses. It is a well-rated company with excellent customer service and affordable loans. It provides support to various programs, and it doesn’t charge origination or prepayment fees. Plus, you can apply for Sallie Mae Student loans if you need an undergraduate student loan, or a graduate one, or even a career training student loan to help with your future.
So, check out how to apply for it.
Access the Sallie Mae website and select the Student loans tab. Then, click on Apply for a loan.
Note that you need to provide the following information:
- Your address and contact info;
- Your Social Security Number;
- Academic and school information;
- Requested loan amount;
- Your employment and financial information;
- Financial aid and scholarships you expect to receive.
Also, Sallie Mae checks credit.
After getting the approval, you will choose the repayment option and the interest rate type you want to get.
Apply using the app
There is no mobile app available for this lender.
Sallie Mae Student loan vs. Earnest Private Student Loan
Sallie Mae covers 100% of your school-certified expenses. However, Earnest Private Student Loan charges no fees of any kind.
Check out the comparison table below to decide which is the best for you.
|Sallie Mae Student Loans||Earnest Private Student Loan|
|APR||– Undergraduate student loans: |
variable rates: 1.13% APR – 11.23% APR
fixed rates: 3.50% APR – 12.60% APR
– Career training loans:
variable rates: 4.12% APR – 11.52% APR
fixed rates: 6.62% APR – 13.83% APR
– Graduate student loans:
rates vary by loan
(including auto-pay discount)
|Variable: from 0.99% APR |
Fixed: from 2.94% APR
(including auto-pay discount)
|Loan Purpose||Education and career||Education|
|Loan Amounts||From $1,000||From $1,000|
|Credit Needed||Not disclosed, but it recommends an average range of 300 to 850||Minimum of 650|
|Terms||Undergraduate: 10 – 15 years|
Graduate: 15 – 20 years
|5, 7, 10, 12, 15 years|
|Late Fee||5% of the past due amount, up to $25;|
up to $20 as returned check fee
|Early Payoff Penalty||None||None|
Thecreditapplication.com review: B2B credit application!
Do you need a platform to help you with your B2B credit management? If so, read our Thecreditapplication.com review to learn about it!Keep Reading
How to change homeowners insurance when you have an escrow account?
Learn how easy it is to change homeowners insurance with an escrow account. Follow the simple step-by-step we have prepared for you today!Keep Reading
You may also like
8 smart ways to dig yourself out of debt
Being in debt can be overwhelming. But don't worry. You can and will find your way out of this debt whole. These tips will help you to get back on track and have a successful financial life.Keep Reading
Application for the Capital One Savor Cash Rewards Credit Card: how does it work?
Learn how to apply for the Capital One Savor Cash Rewards Credit Card. View online application, eligibility requirements, and more! Follow the simple steps in this article to start enjoying its many benefits in no time.Keep Reading