With college costs growing fast, it’s time to borrow smarter. Get Started.
The Smart Option Student Loan offers these benefits:
Competitive Interest rates-3 repayment options-No origination fee
- A choice of competitive rates for undergraduate students1
Competitive, variable interest rates from 2.50% APR to 9.59% APR. We also offer fixed interest rates from 5.74% APR to 11.85% APR.
- Rewards for paying on time2
Get a Smart Reward® in your Upromise® account of 2% of your scheduled monthly in-school payments that are made on time while in school with the Interest and Fixed Repayment Options.
- Lower your interest rate3
Receive a 0.25 percentage point interest rate reduction while enrolled for making scheduled monthly payments by automatic debit.
- Get the money you need4
Borrow up to 100% of the school-certified cost of attendance.
- Choose the repayment option that’s best for you1
Deferred Repayment Option, Fixed Repayment Option, or Interest Repayment Option.
Applying online is easy—it only takes about 15 minutes to apply and get a credit result.
Learn more at Sallie Mae