Student Loans
For those attending a degree-granting institution – Whether you’re an undergraduate or graduate student these flexible loans are designed to
meet your needs:
– Competitive variable and fixed interest rates
– No origination fee or prepayment penalty1
– Multiple repayment options
Learn which loan is right for you here.
meet your needs:
– Competitive variable and fixed interest rates
– No origination fee or prepayment penalty1
– Multiple repayment options
Learn which loan is right for you here.
Undergraduate
Smart Option Student Loan® for Undergraduate Students
Pay for your bachelor’s, associate’s, or certificate expenses at a degree-granting school
Smart Option Student Loan® for Undergraduate Students
Pay for your bachelor’s, associate’s, or certificate expenses at a degree-granting school
Graduate
Graduate School Loan
Pay for expenses as you pursue your master’s and doctoral degrees
Graduate School Loan
Pay for expenses as you pursue your master’s and doctoral degrees
MBA Loan
Pay for your business school expenses as you pursue your Masters of Business Administration degree
Pay for your business school expenses as you pursue your Masters of Business Administration degree
Medical School Loan
Pay for your medical degree expenses in allopathic, general, osteopathic, podiatric, radiology,
sports, and veterinary medicine
Pay for your medical degree expenses in allopathic, general, osteopathic, podiatric, radiology,
sports, and veterinary medicine
Dental School Loan
Pay for your dental degree expenses in general dentistry, endodontics, oral and maxillofacial
surgery, orthodontics, pediatric dentistry, periodontics, and prosthodontics
Pay for your dental degree expenses in general dentistry, endodontics, oral and maxillofacial
surgery, orthodontics, pediatric dentistry, periodontics, and prosthodontics
Graduate School Loan for Health Professions
Pay for your health professions degree expenses in allied health, nursing, pharmacy, and other
graduate-level health programs
Pay for your health professions degree expenses in allied health, nursing, pharmacy, and other
graduate-level health programs
Law School Loan
Pay for your school and associated expenses as you study for your law degree
Pay for your school and associated expenses as you study for your law degree
Borrow responsibly
We encourage students and families to start with savings, grants, scholarships, and federal student loans to pay for
college. Students and families should evaluate all anticipated monthly loan payments, and how much the student
expects to earn in the future, before considering a private student loan.
We encourage students and families to start with savings, grants, scholarships, and federal student loans to pay for
college. Students and families should evaluate all anticipated monthly loan payments, and how much the student
expects to earn in the future, before considering a private student loan.
These loans are made by Sallie Mae Bank or a lender partner. Members Exchange Credit Union is not the creditor for these
loans and is compensated by Sallie Mae for the referral of loan customers.
loans and is compensated by Sallie Mae for the referral of loan customers.
Smart Option Student Loan and graduate loan products: These loans are for students at participating degreegranting schools. Smart Option Student Loan information is for undergraduates only. Graduate
Certificate/Continuing Education coursework is not eligible for MBA, Medical, Dental, and Law School Loans.
Students who are not U.S. citizens or U.S. permanent residents must reside in the U.S., attend a participating
school in the U.S., apply with a creditworthy cosigner (who must be a U.S. citizen or U.S. permanent resident) and
provide an unexpired government-issued photo ID to verify their identity. Applications are subject to a requested
minimum loan amount of $1,000. Current credit and other eligibility criteria apply.
Certificate/Continuing Education coursework is not eligible for MBA, Medical, Dental, and Law School Loans.
Students who are not U.S. citizens or U.S. permanent residents must reside in the U.S., attend a participating
school in the U.S., apply with a creditworthy cosigner (who must be a U.S. citizen or U.S. permanent resident) and
provide an unexpired government-issued photo ID to verify their identity. Applications are subject to a requested
minimum loan amount of $1,000. Current credit and other eligibility criteria apply.
1 Although we do not charge a penalty or fee if you prepay your loan, any prepayment will be applied as outlined
in your promissory note—first to Unpaid Fees and costs, then to Unpaid Interest, and then to Current Principal.
in your promissory note—first to Unpaid Fees and costs, then to Unpaid Interest, and then to Current Principal.
SALLIE MAE RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS, SERVICES, AND BENEFITS AT ANY TIME
WITHOUT NOTICE.
WITHOUT NOTICE.
© 2021 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. 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.
are service marks or registered service marks of Sallie Mae Bank. 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.
*Members Exchange Credit Union receives compensation from Sallie Mae for the referral of Smart Option Student Loan customers.