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Refinancing Sallie Mae loans can make it possible for you to save money, enjoy a little more control over your repayment plan and take advantage of features that you might not currently have.
The Sallie Mae Parent Loan provides the option for anyone — parents, grandparents or even friends — to borrow on a student’s behalf. How Sallie Mae Student Loans Can Help Parents Pay for College
Your loan servicer plays a major role in your repayment. Whether you’re seeking help via Salle Mae’s rate reduction program or attempting to hack Sallie Mae student loans to pay them off ...
There are plenty of ways to pay for college, from student loans and scholarships to financial aid. ... Sallie Mae, which provides private student loans, recommends following these steps when ...
The ICR Plan has the fewest eligibility requirements. A borrower is only required to have an eligible loan. [2] The IBR and Pay As You Earn Plans require that the borrower demonstrate a "need" to make income-driven payments and have eligible loans. [2] The Pay As You Earn Plan is limited to those who borrowed recently.
The borrower selects a monthly payment amount between 4–25% of his or her monthly income. The payment must be greater than or equal to the interest accruing on the loan. The borrower must reapply for this schedule every year. It is available for up to 5 years. After 5 years, the borrower will need to choose another repayment schedule. The ...