How to Apply For A Sallie Mae Loan Account

If you are seeking a student loan, you need to sign up for an account in Sallie Mae. At this site, you can find a wide range of student loans for undergraduate and postgraduate programs. The website provides easy access to students in states all across the US. You need to prove your eligibility for a loan and then only will you find loans available as per the eligibility criteria.

About Sallie Mae

Sallie Mae is the common name of SLM Corporation. Sallie Mae is a short form for the Student Loan Marketing Association. It is a US corporation that is publicly traded. The operations of the company consist of offering different kinds of student loans, servicing them and collecting them. The company manages debt of one hundred and eighty billion, which span over ten million borrowers. The company provides student loans that are federally guaranteed or under the Federal Family Education Loan Program. The company was formed in the seventies. Today, the company is known to market financing packages to the students and the parents. There are investment plans, student loan schemes and financial aid to be found here.

How To Apply For A Student Account

The online application has been designed such that it is easy to complete. There is a requirement for the following information:

  1. You need to provide your permanent address as well as the current address
  2. The cosigner and the student need to provide their social security numbers
  3. School information needs to be provided, including GPA and the academic period of enrollment
  4. Loan amount aced for as well as other financial aid expected
  5. Employment information, if any
  6. Financial information has to be disclosed such as rent or mortgage payments
  7. Two personal contacts need to be mentioned by the applicant, including their name and contact information

You can access the student account here: https://apply.salliemae.com/. The online account of a student is created successfully when the application is approved. Once the account is created, you can review the account status as well as payment history. You can review your repayment options and reduce or postpone your payments. Loan details can be accessed at any time through this account. You can monitor the status of your loan, update personal information and receive secure mails on this account.

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