Savings comparison assumes a freshman student with no other Sallie Mae loans receives a $10,000 Smart Option Student Loan with the most common fixed rate as of July 2021. Based on a comparison of approval rates for Sallie Mae Smart Option Student Loans for undergraduate students who applied with a cosigner versus without a cosigner during a rolling 12-month period from October 1, 2018 through …If either the borrower’s or the cosigner’s address changes, please contact Sallie Mae to update it. Sallie Mae • Box 9435 • Wilkes-Barre, PA 18773-9435 • 888-2SALLIE NOTE: Default means that you have previously taken out an education loan and you have failed to make payments as agreed. If you are not sure, leave it ;· To qualify for a Sallie Mae student loan, you must: Be enrolled in a degree-granting school full time, half time or less than half time; since you don’t have to be a full- or half-time student, you can use a Sallie Mae student loan for part-time study, a certificate course or a class that meets only for a winter or summer sessionComplete the remaining Sallie May application process. Approval criteria are based on Sallie Mae’s rules. TEEX has no influence on outcomes. Approved loans must be finalized no later than 45 calendar days before the start of the class to ensure your funds are credited …03/06/2021 · All products have the same basic Sallie Mae loan requirements: Minimum credit score: Sallie Mae doesn’t disclose a minimum credit score requirement. In 2020, 94% of applicants that were approved for a Sallie Mae student loan had a FICO Score of 670 or above at the time of their loan…08/05/2020 · Sallie Mae’s Smart Option loan is specifically designed for undergraduate students, allowing them and their parents to borrow the total cost of attendance, including living expenses. That’s a massive benefit if you are strapped for resources during your undergraduate ;· The Signature loan was open to higher-risk borrowers. It no longer exists. These days, if you want a private student loan from Sallie Mae you’ll need to prove your credit-worthiness and/or the credit-worthiness of your parents. The Sallie Mae Smart Option Loan. Sallie Mae replaced the Signature Student Loan with what’s called the Smart Option Loan.

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