Sallie Mae

Private student loans and college-planning tools · Understand the product, application and total repayment cost.

Illustration of a graduation cap on books with a university building and a coin — Project illustration for context; actual products and results vary.

Illustration of a person comparing loan options on a laptop with a calculator — Project illustration for context; actual products and results vary.

At a glance

Product

Private student loans and college-planning tools

Price

Rates and fees vary. Borrowed money must be repaid.

Decision

Subject to provider eligibility, verification and final approval.

Before applying

Check the credit inquiry, repayment schedule and full agreement.

Check current options

What this option provides

Sallie Mae offers private student-loan information and college-planning resources, with separate routes for undergraduate and graduate study. Its website also includes banking products, which are different from education borrowing. Choose the loan product matching the course and borrower rather than treating every product under the brand as interchangeable.

When to explore it

Estimate the remaining cost of attendance after grants, scholarships, savings and other funding. Compare federal aid options and the school’s payment arrangements before deciding how much private debt to take on. Identify whether a cosigner is needed and discuss how the borrower and cosigner will track payments.

Compare costs and obligations

Compare the disclosed APR, fixed or variable rate, in-school payment choices and total repayment estimate. Check the conditions attached to advertised discounts and the lowest rates. Interest and repayment arrangements matter during study as well as after graduation, so ask for examples matching the plan you are considering.

Prepare your application

Gather school, enrollment, identity and financial information and check the chosen loan’s eligibility requirements. Review school certification and disbursement arrangements. Read the final agreement with any cosigner, confirm when payments begin and keep the servicer’s contact details for questions during enrollment.

Review the provider’s current disclosures before submitting personal or financial information. A preliminary estimate is not a commitment to lend. Save the offer documents and ask the provider to clarify any condition you do not understand before accepting. Guizmo provides information and does not make lending decisions.

Frequently asked questions

Will the lowest displayed rate be my rate?

Not necessarily. Sallie Mae’s disclosures attach eligibility and other assumptions to advertised examples. Review the actual APR and repayment choice offered to your application, including any conditions required to keep a discount.

Is the amount shown a free benefit?

No. This listing introduces a borrowing or financing option, not free money. Reviewing information does not create an entitlement to funds. If you enter a finance agreement, the repayment and other obligations are set by that agreement.