Student loans from Sallie Mae®
Easy online student loan application with fast credit results and electronic signature (“eSign”) available for undergraduate, career training, and graduate students attending participating institutions.
Sallie Mae Smart Option Student Loan® and the Sallie Mae® Graduate School Loan Details
Whether you're an undergraduate, career training or graduate student these flexible student loans are designed to meet your needs:
| Collateral Requirements | Must be attending a participating institution. Applying with a cosigner may help your chances of getting approved. Cosigning doesn’t need to be a lifelong commitment. You may apply to release your cosigner from the loan after you graduate, make 12 on-time principal and interest payments and meet certain credit requirements. Releasing the cosigner will not adversely impact the rate on your loan. [1] |
|---|---|
| Loan Amount | Up to 100% of school-certified expenses. [2] |
| Features |
Multiple Repayment Options —You can choose the repayment option that's best for you. Interest Rate Reduction — Receive a 0.25 percentage point interest rate reduction when you enroll in and make monthly payments by auto debit. [3] Death and disability loan forgiveness [4] No Prepayment Penalty [5] |
Borrow Responsibly
Regions and Sallie Mae encourage students and families to start with savings, grants, scholarships, and federal student loans to pay for college. Students and families should evaluate all anticipated monthly loan payments, and how much the student expects to earn in the future, before considering a private student loan.
Sallie Mae Smart Option Student Loan® and Sallie Mae Graduate Student Loan Details
For students attending participating Institutions
Regions Bank is not the creditor for these loans and is compensated for the referral of Sallie Mae loan customers.
Use Student Loans to Pay for College