Welcome to the School Loan Consolidation Network

Signature Student Loan!

The information below will help you compare the different types of student loans available and also show you the various options when deciding to do a school loan consolidation.  This information can also be found on the SallieMae.com website. 

.Eligibility

• You must attend a community college or a four- or five-year college at least half time and be working toward your degree.
• You must meet credit criteria.
• You must be making progress toward a degree.

Benefits

• High approval rates.
• Creditworthy cosigners may help you qualify for a lower interest rate. Creditworthy borrowers may request a cosigner release from the loan obligation after making 24 consecutive on-time payments of principal and interest. The account must remain current until the request for release is processed. Borrower credit qualification applies. 
• High aggregate loan limits so you can borrow as much as you need to pay for the cost of your education as certified by your school.
• Easy online account management 24/7.
• Convenience of having all your student loans in one place and receiving one monthly bill when your Stafford loans are serviced by Sallie Mae.

Loan terms

Aggregate loan limits

Community colleges

• $50,000

Four- and five-year colleges

• $100,000 for undergraduates.*
• $150,000 for graduate students.*
• $220,000 for graduate health disciplines.*

*Includes all private student loan debt.

Interest rate

• Interest rates are variable and based on the Prime Rate.
• Manage your credit well and get a lower interest rate.
• Make interest payments during school so you have a lower amount to repay.

Repayment

• Standard repayment term of 15 years, with the option to extend terms (up to 30 years) for higher aggregate loan balances.
• Prepay your loan at any time without penalty.