Looking for money to pay for college?

Finding a way to pay for college and navigating financial aid can be a daunting process. That's why Sallie Mae recommends a simple "1-2-3 approach" to help families pursue financing opportunities in the most economical order:

1) Look for free money – Seek out funds that don't have to be paid back. These funds come in the form of scholarships, grants, work-study and gift aid. Be sure to fill out the Free Application for Federal Student Aid (FAFSA) to see if you qualify for need-based federal grants. Sallie Mae's free Scholarship Search offers access to more than 3 million scholarships worth over $16 billion and is another way to find free money. You should also consider supplementing with your current income and money saved through a college savings plan, and explore an interest-free monthly payment plan.

2) Consider federal loans you may qualify for a federal loan with a fixed interest rate & flexible repayment options

3) Fill the gap with private education loans. Private student loans can help cover the rest of your college costs. Sallie Mae's Smart Option Student Loan® encourages you to make small payments each month or pay your monthly interest while in school so you graduate with less debt, pay off your loan faster, and save significantly over the life of the loan, compared to conventional private loans.

What are the rates? A choice of competitive interest rates for undergraduate students. Lower interest rates for graduate students. Rates vary. Visit for today's rates.
Do I need a Cosigner? Applying with a creditworthy cosigner may help you qualify and/or receive a lower rate.

You may apply to release your cosigner from the loan after you graduate, make 12 on-time principal and interest payments and meet certain credit requirements.*
How much can I borrow? Borrow up to 100% of the school-certified cost of attendance.2
Are there any fees? No origination fee and no prepayment penalty1
Lower the interest rate Receive a .25 percentage point interest rate reduction when you enroll in and make monthly payments by automatic debit 3
When do I have to pay the money back? Pay now or later - Defer your payments until after school or choose an in-school repayment option that fits your needs.1
How long does it take to apply? Applying online is fast and easy. It only takes about 15 minutes to apply and get a credit result.
How long can I borrow the money? 5 - 15 years of principal and interest payments.**
What will I need to apply? You and your cosigner, if applicable should have the following information handy:
  • Permanent address and current address, if applicable, along with previous address information if you've lived at your permanent address for less than one year.
  • Social Security numbers of both the student and the cosigner, if applicable.
  • School information, including GPA and academic period of enrollment.
  • Loan amount requested, as well as other financial aid you expect to receive
  • Employment information
  • Financial information, including monthly mortgage or rent payments.
  • Name and contact information for two personal contacts (not required for cosigners).
Apply Today!

These loans are made by Sallie Mae Bank or a lender partner. Abri Credit Union is not the creditor for these loans and is compensated by Sallie Mae for the referral of loan customers.

This information is for borrowers attending degree-granting institutions only. You must be attending or have attended a participating school located in the U.S. during an eligible prior enrollment period. You must be a U.S. citizen or a permanent resident or a Non-U.S. citizen borrower with a creditworthy cosigner (who must be a U.S. citizen or permanent resident) and required U.S. Citizenship and Immigration Service (USCIS) documentation. U.S. citizens and permanent residents enrolled in eligible study abroad programs or who are attending or have attended schools located outside the U.S. are also eligible. For the Dental School Loan, Law School Loan, MBA Loan, and Medical School Loan, students must be enrolling in a graduate-level degree program in a field of study that is eligible for the loan and Graduate Certificate/Continuing Education coursework is not eligible. Applications are subject to a requested minimum loan amount of $1,000. Current credit and other eligibility criteria apply.


© 2018 Sallie Mae Bank. All rights reserved. Sallie Mae, the Sallie Mae logo, and other Sallie Mae names and logos are service marks or registered service marks of Sallie Mae Bank or its subsidiaries. All other names and logos used are the trademarks or service marks of their respective owners. SLM Corporation and its subsidiaries, including Sallie Mae Bank, are not sponsored by or agencies of the United States of America.

Information advertised valid as of October 3, 2018.

1,2,3,*,** Click here for important information. Terms, conditions and limitations apply.