After analyzing the student loan market you have decided that you want to apply for the Sallie Mae Student Loan. Before pulling the trigger it’s important to know what you should expect in the application process. Either a borrower or a cosigner can start the application.

On Sallie Mae’s loan page, select whether you’re a student or a cosigner. Now the website will reveal a few questions which you should answer truthfully. The website will then inform you of which kind of loan they offer in your specific case. If you are in agreement, hit continue.

Now you must enter your basic information such as your name, email address, phone number, date of birth, citizenship status and Social Security number. Once you’ve entered those, hit continue. Now enter your home address and hit continue one more time.

Now select the degree or certificate of study you are applying to, your major or specialty, enrollment status and grade level. Then click to continue. After that, the website will ask you to specify the amount you wish to borrow and for how long. On this same page you must inform Sallie Mae of other expenses you may need funding for and also the financial aid provided by your school. 

Once you click to continue, the website will reveal the total amount of the loan request. Hit continue once again. Then, enter your cosigner information. If your cosigner is not with you during the application process, Sallie Mae will email you a code you should send to your cosigner form him or her to access the application and finish it up.

The website will show you an Electronic Delivery Consent. Click to agree. Then, on the Application Solicitation Disclosure page, click to continue. Finally, on the next page hit submit and you’re on your way to getting your loan.

Now Sallie Mae will review your credit and may even ask you for some additional information or documentation before they reach a decision. If they approve you, you will then choose your interest rate and repayment option. Once you or your cosigner have accepted the terms of the loan and signed it electronically, they will verify the information with your school. If everything is good, you got your loan.

Now you know how to apply for a Sallie Mae Student Loan. However, if the Sallie Mae Student Loan is not yet what you’re looking for, or you would like to see other options for comparison, here is one worth looking into.