Also known as SLM Association, Sallie Mae is one of the most popular student loan associations in the United States. They loan money to students in need of funding as well as to consolidate old type of loans. It was originally a government-owned association that provided federal education loans. Now it is a publicly-traded U.S. corporation that is focused on consumer banking.
Sallie Mae student loans offer new financing opportunities that you can look into if you are planning to start college soon. Known as the “Smart Option” student loan, they offer competitive interest rates, no origination fee, and three different repayment options for new students to take advantage of.
One of the things that students love best about this institution is that you have several different repayment options for your loan. You never have to start repaying while in school. They give you time to get your degree and secure employment before payments begin.
Sallie Mae Graduate Loans
Sallie Mae has several specialized graduate loans, also which focus on specific careers, such as:
- MBA loans
- Dental loans
- Law school loans
- Medical school loans
- Graduate school loans
MBA loans are loans that are available for students who plan to focus their career training on a master’s in Business administration. An MBA is a valuable tool if you have your mindset on a career in Business.
If you have aspirations of becoming a dentist or dental assistant, perhaps a dental loan is the best option for you. Dental loans are student loans that are specifically designed to fit your college expenses for a dental degree. Normally, the dental school requires at least two years beyond the four first undergraduate years and this type of loan can be renewed in most cases for as long as it takes to complete your degree.
Law School Loans
Law school loans are specifically created for law students who wish to enter the world of law either as a lawyer or legal aid. There are many things that you can do with a law degree. It can be a very lucrative career that allows you to expand your knowledge to many practical applications and to help people in need of legal help.
Medical School Loans
If you are planning to attend medical school, you can apply for a medical school loan through Sallie Mae. Sallie Mae offers medical school loans through its graduate loan program.
Graduate School Loans
If you already have a bachelor’s degree or want to pursue your graduate degree, you can find graduate degree loan help through the Sallie Mae association.
If you plan to take your degree and education beyond an essential four-year degree, you need to look into some of these specialized loans. Sallie Mae has long been known as one of the best sources for graduate loans and consolidation loans. So it may be worth your time to check them out, especially if you are planning on further your education beyond a basic four-year degree.