Loans
Learn to apply easily for Sallie Mae Student Loan
Here’s a quick and easy-to-follow step-by-step guide for you to get your Sallie Mae Student Loan.
Advertisement
Sallie Mae Student Loan application: applying is fast and the result comes out quickly.
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.
Apply Online
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.
You will be redirected to another website
By submitting this form, I agree that I am 18+ years old and I agree to the Privacy Policy and Terms and Conditions. I also provide my signature giving express consent to receive marketing communications via automated emails, SMS or MMS text messages and other forms of communication regarding financial products such as credit card and loans. Message frequency varies and represents our good faith effort to reach you regarding your inquiry. Message and data rates may apply. Text HELP for help or text STOP to cancel. I understand that my consent to receive communications is not a condition of purchase and I may revoke my consent at any time.
Sallie Mae Student Loan vs. Discover Student Loan: which is the best?
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.
Sallie Mae Student Loan | Discover Student Loan | |
APR | Variable starting at 1.37% up to 11.48% | Not disclosed |
Loan Purpose | Student Loan | Student Loan |
Loan Amounts | Up to cost of attendance | Up to cost of attendance |
Credit Needed | Not disclosed | Not disclosed |
Terms | 5 to 15 years | 15 to 20 years |
Origination Fee | N/A | N/A |
Late Fee | 5% ($25 max) | N/A |
Early Payoff Penalty | N/A | N/A |
Applying for the Discover Student Loan
Learn how to apply for the Discover Student Loan and get approved today!
About the author / Danilo Pereira
Trending Topics
Budgeting for travel: see how to plan your next trip!
A step-by-step guide on budgeting for travel. This article shares tips on planning a vacation without breaking the bank. Read on!
Keep ReadingDelta SkyMiles® Platinum American Express Card application
Do you love to travel and earn card perks while doing so? Read our post about the Delta SkyMiles® Platinum American Express Card application!
Keep ReadingCapital One Platinum Mastercard® review: Building your score has never been easier
Find out how to build your credit score with easy and accessible tools in our Capital One Platinum Mastercard® review. Keep reading!
Keep ReadingYou may also like
U.S. Bank Triple Cash Rewards Visa® Business Card application
Discover what is necessary to apply for the U.S. Bank Triple Cash Rewards Visa® Business Card. Pay no annual fee! Keep reading and learn!
Keep ReadingEarn more: Marriott Bonvoy Business® American Express® Card review
Discover the ultimate business hotel card with our Marriott Bonvoy Business® American Express® Card review - earn valuable points!
Keep ReadingLightStream Personal Loan review: how does it work and is it good?
Read our LightStream Personal Loan review and find out if this lender is the best choice for you. Enjoy competitive rates and fast funding!
Keep Reading