Loans mae sallie student. Applying for loans. Division of financial aid: loans: sallie mae signature student loan.

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Division of financial aid: loans: student consolidation loans

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Lent Prime - 0.5% 0% 0% Good Prime + 0% 0% 3% Fair Prime + 4.5% 0% 3% Pricing when only one is credit approved (either the student borrower or a co-signer) Credit Interest Rate Disbursement Fee Repayment Fee Excellent Prime + 0% 0% 3% Good Prime + 1.25% 0% 3% Fair Prime + 6% 0% 3% * Interest rates & fees are effective for first disbursements between 6 1 05 and 5 31 06. Features and Benefits Easy to use electronic process from application to disbursement of funds. Interest rates as low as Prime minus 0.5% with no fees, based on your or your co-borrower's credit. Over 80% approval for Purdue students.** No loan repayment while you are in school. Repayment begins six months after you leave school. One monthly billing statement that includes all of your federal and private loans owned and serviced by Sallie Mae. **Based on AY 02-03 statistics. Do I Need a Co-Borrower? A co-borrower is required only if you have no credit, have an insufficient credit history or are an international student. When you apply for a Signature Student Loan with a creditworthy co-borrower: The co-borrower's credit history determines the interest rate and fees charged. There is no aggregate education loan limit. You can apply to have the co-borrower released from liability after 24 consecutive, regularly scheduled monthly payments made on time. You must meet applicable credit requirements at that time. Important Information Borrow conservatively. Make sure that you pursue grants, scholarships, federal loans, and other options before applying for the Signature Student Loan. Think carefully about your