Sallie Mae Review
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Sallie Mae Reviews

Andrew Omalley


Andrew Omalley

Students Looking for Flexible Repayment Terms
Students Looking for Flexible Repayment Terms
About Sallie Mae

Sallie Mae has been around since as far back as 1973, originally setting up as a student loan program that was federally guaranteed. It has been a private company since 2004. While it has not been servicing any federal loans since 2014, it still focuses on providing private student loans. One of its main focuses is catering to students who are looking for flexible repayment terms.









Sallie Mae Student Loans Review

Sallie Mae has been in the student loan space for decades and it offers a wide variety of products, covering nearly every need. It doesn’t charge any origination fee and there are flexible repayment terms available to borrowers.

Sallie Mae Student Loans Highlights


3.75% - 13.72%


4.00% - 14.34%


5-20 years


10 days











Pros & Cons

  • No origination fee
  • Available in every state
  • Long track record in the space
  • Flexible repayment options
  • Deals with part-time students
  • Prefers people to use co-signers
  • No pre-qualification

Student Loans Type

  • Private student loans

Sallie Mae Student Loans Terms & Requirements

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.

Required Information

  • Current address
  • Social Security Number
  • Some personal contacts
  • Employment information
  • School information
  • Any potential scholarship or financial aid
  • Other financial information
  • Total loan amount requested

State Availability

Available in all states

Privacy & Security

Sallie Mae has been around for so many years that it has been a tried and trusted option for people who are looking to get student loans or to refinance their existing obligations. Sallie Mae currently has an A+ rating with the Better Business Bureau.

All of the private information that a person shares with Sallie Mae is completely encrypted. Sallie Mae has received mixed reviews on the likes of Trustpilot.

Customer Support

There is a good level of customer support available at Sallie Mae. You can talk with a student loan expert over the phone six days of the week, while also having live chat and email support options open for you to use.

The team is very helpful in guiding you through the student loan process, no matter your needs. Sallie Mae also helps its users in other ways, including providing online tutoring support and having comprehensive resources to help students in a variety of ways.

Phone Support
(855) 756-5626
Mon - Thu
8:00 AM - 9:00 PM ET
8:00 AM - 8:00 PM ET
10:00 AM - 2:00 PM ET

In Conclusion

Sallie Mae has been around the block for so many years that it has built a reputation for being a trustworthy provider of student loans. There is coverage for most types of needs, including part-time students, which is not something that every lender caters to. You also have access to flexible repayments and don’t have to pay any sort of origination fee.


Does Sallie Mae operate in every state?
Yes, Sallie Mae currently operates in every state.
Is there a Sallie Mae mobile app?
Yes, the Sallie Mae mobile app helps you to manage all aspects of your loans in a quick and easy way through your mobile device.
Is the phone support team available 24/7?
No, the phone support team at Sallie Mae can be reached six days a week during certain time periods.

Sallie Mae Disclaimer

Undergraduate and Graduate School loans are for students at participating degree-granting schools. Career training student loans are for students at participating non-degree-granting schools. Smart Option Student Loan information is for undergraduates only. Graduate Certificate/Continuing Education coursework is not eligible for MBA, Medical, Dental, and Law School Loans. Students who are not U.S. citizens or U.S. permanent residents must reside in the U.S., attend a participating school in the U.S., apply with a creditworthy cosigner (who must be a U.S. citizen or U.S. permanent resident) and provide an unexpired government-issued photo ID to verify their identity. Applications are subject to a requested minimum loan amount of $1,000. Current credit and other eligibility criteria apply.


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Andrew Omalley

Andrew is a freelance writer who has been crafting valuable pieces of content relating to personal finance for more than five years. Previously, he studied Economics & Finance at university and he has professional qualifications relating to financial advice.