There are many different types of student loans that Sallie Mae offers, covering all thinkable bases. This goes for both part-time and full-time students. You will be able to get coverage for as much as 100% of all school-certified expenses, with the smallest sum you can borrow being $1,000. There is the option to use a co-signer if you wish. Most of the loans will have term lengths of between 5 and 20 years.
Both fixed-rate and variable-rate loans are available, with borrowers able to get a 0.25% discount if they use autopay to make repayments. There are no origination or application fees in place, but you do need to pay late fees if you delayed your payment. Sallie Mae has not disclosed its minimum required credit score. Once you have left school and completed the grace period, various types of repayment options open up to you.