Parent and education loan contrast chart. Pick the loan that is suitable for you as well as your pupil

Parent and education loan contrast chart. Pick the loan that is suitable for you as well as your pupil

It is possible to help your undergraduate pupil buy university either by cosigning a Smart choice scholar Loan ® or taking out fully a Sallie Mae ® Parent Loan in your name. Both offer choices for the way you repay the loan, no origination charge, and that can cover as much as 100per cent associated with cost that is school-certified of at a degree-granting organization.

Smart Choice Education Loan ® for Undergraduate Pupils Sallie Mae Parent Loan
You cosign the mortgage and share the duty of paying it back once again along with your pupil you are taking the mortgage call at your name that is own and accountable for having to pay it straight back

Main debtor

Student Any creditworthy adult (parent, guardian, spouse, general, or buddy)

Adjustable rate*

2.75% APR – 10.65% APR 5.00per cent APR – 11.62% APR

Fixed rate*

4.74% APR – 11.85% APR 5.49% APR – 12.87% APR

Choices for trying to repay

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