For students pursuing a four- or five-year undergraduate program or a graduate program other than law, Signature Student Loans offer private financing when federal aid does not meet your needs. Features - Student is the borrower
- Available to students who need funding beyond the federal loan program
- Available to undergraduate and graduate students attending an eligible four- or five-year college or university
- Student must be enrolled at least half-time
- Co-borrower required if borrower is a foreign student, has no credit or has a low credit score
- You may apply to have the co-borrower released after you make your first 24 Signature Student Loan payments on time
- Interest is tiered based on credit history and is variable, changing monthly
Eligibility - Based on cost of education
- If you are uncertain about your eligibility, call the Signature Express line by Sallie Mae at 1.800.695.3317 and a representative will help you
Fees - As low as 0% , based on credit rating
Loan Limits - Cost of education less other aid
- WITH a co-borrower - no aggregrate loan limit
- WITHOUT a co-borrower, aggregrate limits are:
- Undergraduates: $100,000*
- Graduate Students: $150,000*
- Selected health profession students: $200,000*
*All aggregrate loan limits now include all student loan debt including federal loans. Repayment Terms - Repayment is 15-25 years, based upon balance repayment
- $50.00 minimum payment per month
- Payment begins six months after graduation or when attending less than half time
Please call 1.800.695.3317 for more details about co-borrower requirements. Pre-approval is available by calling 1.800.695.3317 Mon-Fri. between 8 a.m.-8 p.m., EST. This is a product of Sallie Mae. Terms and conditions may change at any time without notice. Apply now using OpenNet, SallieMae's online loan processing system and get pre-approved in less than five minutes. |