Sallie Mae Smart Option Student Loan

The innovative Sallie Mae Smart Option Student Loan helps you save money, build your credit, and pay off your student loans faster. It's an ideal education funding solution if you still need funds after maximizing grants, scholarships, and federal loans.

With the Sallie Mae Smart Option Student Loan, you can borrow up to the full cost of your education, less other aid received. Designed to help you graduate with less student loan debt and help you pay it off faster, the Smart Option Student Loan requires making interest-only payments while in school and during the six-month separation period to avoid capitalized interest. A creditworthy cosigner may also help you qualify and/or receive a lower interest rate.

Sallie Mae Smart Option Loan for College Eligibility :

* You must attend an eligible school, be an undergraduate student or attending an eligible associate, graduate or technical/trade program at least half time. In some circumstances, the Smart Option Student Loan is available to less-than-half-time students and students enrolled in a continuing education program.
* U.S. citizens enrolled in eligible study abroad programs or studying at medical schools outside the United States are also eligible.
* International students are eligible with a creditworthy cosigner (who must be a U.S. citizen or permanent resident) and appropriate U.S. Citizenship and Immigration Service documentation
* You must meet current credit and other eligibility criteria.