Sallie Mae Student Loan Alternative

• The money comes directly to you, not the school. Use it for qualified education expenses such as tuition, a new laptop, transportation, books, fees, and living expenses. The expenses considered "qualified higher education expenses" may vary from school to school and may affect a student's ability to qualify for a school's financial aid program. Students seeking federal financial assistance should seek that assistance first, and then use the Tuition Answer Loan, and any other private loan proceeds, for any remaining financial need gap and, if necessary, to finance their Expected Family Contribuition.
• You don't have to fill out any federal forms, and you won't be turned down for making too much.
• Rates are competitive and you get all the advantages of borrowing with Sallie Mae. They've helped millions of students achieve their dreams of higher education.
• You have three affordable repayment options including postponing payments until after graduation. Principle and interest can be deferred up to 4 1/2 years while the student is continuously enrolled on at least a half-time basis plus a 6-month grace period. Deferring payment while in school will result in higher fees and will increase overall loan costs.