Sallie Mae parent and student Students parents and student

Welcome University of Appalachia
College of Pharmacy Students

Signature Student Loan®

  

Borrowing with a cosigner
For the 2008-2009 Academic Year

After exhausting sources of free money (such as scholarships and grants) and applying for federal student loans, you may still need extra funds to cover your education costs. That’s when you should consider the Signature Student Loan — America’s most popular private student loan and an excellent source of gap financing.

The Signature Student Loan offers several advantages:

  • New price ranges with competitive pricing that rewards creditworthiness1
    • One eligible individual: One-month LIBOR + 2.5% to one-month LIBOR + 9.5%
      • APR: 4.83% to 11.06%
    • Two eligible individuals: One-month LIBOR + 2.5% to one-month LIBOR + 8.5%
      • APR: 4.83% to 10.21%
  • Zero fees — saves you money up front and over the long haul
  • 0.50 percentage point interest rate reduction with automatic debit2
  • No minimum income requirement
  • No payments required while in school3
  • Six month grace period
  • Cosigner release option available after the first 24 on-time payments of principal and interest4
  • Flexible repayment options

Choosing us as your private student loan lender is a smart move. We offer the following helpful features:

  • 24 x 7 online account management at www.SallieMae.com/Repayment
  • Upromise Loan LinkSM service can help you pay down your eligible Sallie Mae-serviced student loans
  • Combined billing when you have multiple Sallie Mae-serviced student loans
  • Comprehensive credit education resources

The APR is a variable rate and will increase if the one-month LIBOR rate increases. The APRs shown are APRs effective as of 5/27/08. Signature Student Loans are funded by Sallie Mae Bank® or a Sallie Mae lender partner.

*Learn how to earn these benefits.


New borrower
Apply for Signature Studnet Loan Start an online application Apply for Signature Student Loan
Returning borrower
Log in Log in Log in
  • Complete an application you saved for later.
  • Check the status of your application.
  • Obtain a Confirmation Number and PIN.

 

 

For the 2008-2009 Academic Year

Benefits of Using a Cosigner

  • If you do not have an established credit history, you may want to apply with a creditworthy cosigner to increase your chances of approval.
  • Even if you have an established credit history, you may be eligible for a lower interest rate if you apply with a creditworthy cosigner
  • Cosigner release option available after the first 24 on-time payments of principal and interest.4

How to cosign

  1. The borrower applies online for a Signature Student Loan.
  2. Cosign online with the borrower's confirmation number and PIN.

Cosign now!

Returning cosigner
Log in Log in Log in
  • Complete an application you saved for later.
  • Check the status of your application.

Other resources