Saturday, August 22, 2009

Private student loan programs


Sallie Mae private student loans first disbursed June 1, 2009 and later require monthly interest-only payments during the in-school and separation periods. Check the terms of your loan's Promissory Note and log in to Manage Your Loans to see if your loan status shows repayment. If so, and you are enrolled in school, then you are not eligible for other repayment options at this time.

Sallie Mae private student loans first disbursed before June 1, 2009 may be eligible for graduated repayment to lower the initial monthly loan payments.


Combined billing is available for student loans that are serviced by Sallie Mae. Some restrictions may apply.

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