Sallie Mae® has developed a wide range of private education loans, and other education-related services to help make students' dreams of higher education a reality.
Why Get a Student Loan from Sallie Mae?
Students and families can invest in their education with private education loans designed to responsibly bridge the gap between personal resources and federal student aid.
Private education loans:
- Smart Option Student Loan® for Undergraduate Students
Sallie Mae is committed to serving their borrowers so they can successfully pay their loans and build their credit.
- 100% U.S. based loan originations and loan servicing representatives
- Financial literacy resources
- 24/7 account self-service available online and by phone
- Team dedicated to helping our borrowers in the military
Key features of Smart Option Student Loan® from Sallie Mae:
- Competitive interest rates — variable rates start from 1.62% APR to 11.73% APR1 for undergraduate students (as of May 13, 2022). Lowest rates shown include the auto debit discount.
- Pay now or later - Defer your payments until after school or choose an in-school repayment option that fits your needs.1
- Discounts: Save with auto debit - get a 0.25 percentage point interest rate reduction when you enroll in and make monthly payments by auto debit.1
- Detailed review of Sallie Mae Student Loans
To help you borrow responsibly, Ascent has incorporated financial education into their application process.
- APR: 1.62% - 14.52%
- Loan Types: Undergraduate & Graduate
- Loan Terms: 5, 10 & 15 Years
What are the benefits of an Ascent student loan?If you're in the market for a student loan, Ascent has three unique benefits that you should pay attention to:
- 1% Cash Back Graduation Reward**
- Non-Cosigned loan options for juniors, seniors and graduate students
- Graduated Repayment option to make monthly payments more affordable + and deferment and forbearance plans, which can be hard to come by with private lenders
Ascent offers a 1% Cash Back** Graduation Reward if you meet certain qualifying criteria. This is a very unusual benefit among student loan lenders. Depending how much you borrow, your reward could be enough to cover your first monthly payment ... or to buy a new outfit to wear on job interviews.
Key features of a private student loans through Ascent:
- 1% CASH BACK Graduation Reward
- CUSTOMIZE your loan with flexible repayment options
- COVER UP TO 100% of your tuition & living expenses
- AVOID FEES - No application, origination or disbursement fees
- 0.25%-2.00% INTEREST RATE REDUCTION for enrolling in automatic payments
- RELEASE YOUR COSIGNER after 24 consecutive on-time payments
- FREE financial Tools
Education Loan Finance (“ELFI”) makes financing your future simple by offering easy payment options, affordable rates, and flexible terms in an application process that is transparent and secure.
- APR: 1.30% - 11.99%
- Loan Types: Undergraduate, Graduate & Parent
- Loan Terms: 5 - 15 Years
Why Get A Student Loan Through ELFI?
ELFI believes education fuels empowerment, and because of that, we take the hassle out of obtaining a private student loan.
Want freedom? You can check your rate in minutes without it affecting your credit score.
Want savings? You won’t pay an application, origination or prepayment fee.
Looking for support? Your Student Loan Advisor will make sure there are no hiccups when receiving your funds. How’s that for feeling empowered?
Key features of a student loans from ELFI:
- Prequalify to estimate your rate without affecting your credit score
- Submit online application in minutes
- No application fees, origination fees, or prepayment penalties
- Low rates and flexible repayment terms to fit your needs and goals
- Student Loan Advisor to guide you through the application process
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Funding U offers no-cosigner student loans up to $15K per school year to help cover the cost of college. Quickly check your eligibility with no impact on your credit.
- APR: 6.99% - 12.99%
- Loan Types: Undergraduate
- Loan Terms: 10 Years
What are the benefits of a Funding U student loan?
No-Cosigner Student Loans! Unlike other lenders, Funding U doesn't fund your parents. They fund you. Their no cosigner student loans are based on you and your potential.
- Pre-approval in minutes.
- Our no cosigner student loans always have fixed interest and no hidden fees.
- Every student is assigned a single Loan Officer whose job is to be helpful.
Funding U key features & benefits:
- Finally, a loan high-achieving undergrad students can get based on their own academic merit and not their FICO score.
- Quickly check your eligibility with no impact on your credit.
- 100% No Fees
- Earn rewards through our Borrower Referral Program
- 0.5% autopay discount
SoFi helps undergrads pay for college without the hassle. See rates and terms in just minutes—and get access to tips, tools, and resources along the way.
- APR: 1.69% - 11.97%
- Loan Types: Undergraduate & Graduate
- Loan Terms: 5, 10 & 15 Years
Why Get A Student Loan Through SoFi?
A better way to pay for school. SoFi’s helped 300,000+ grads refinance their student debt. Now we’re helping undergraduates pay for school with competitive-rate private school loans.
- All online. All easy. Finish our fast and easy online application all in minutes—and add a cosigner in just a few clicks.
- Save money. Better rates and more savings versus other private lenders.
- Repay your way. Pick the repayment option that works for you and your budget.
Key features of a student loans from SoFi:
- We’re making it easy to apply and add a cosigner to your application in minutes.
- No fees means no fees. That means no origination fees, no late fees, and no insufficient fund fees. Period.
- SoFi has flexible repayment options to help you find the loan that fits your budget.
- Get a 0.25% discount when you set up autopay. Plus, SoFi members can qualify for exclusive rate discounts.
- Get a your rate in 3 minutes or less.
- 98% of surveyed members would recommend SoFi to a friend.
- SoFi Private Student Loans can cover up to 100% of the school-certified cost of attendance.