Loan Fees: No origination fees and no prepayment penalty
Repayment Options: Pay now or later—defer your payments until after school or choose an in-school repayment
option that fits your needs.
Pay monthly interest
Pay $25 per month
Repayment Term: 5-15 years of principal and interest payments
Auto Debit Savings — 0.25 percentage point interest rate reduction for automatic debit enrollment.
Smart Reward® — 2% cash back on scheduled payments made on time while in school with the Interest
or Fixed Repayment Options.
Graduated Repayment Period — Budget flexibility for graduating students.
Death and Disability loan forgiveness.
Loan Limit: Borrow up to 100% of your school-certified education costs (minimum $1,000).
Cosigner Requirement: Applying with a creditworthy cosigner may help you qualify and/or receive a lower
Cosigner Release: You can apply to release your cosigner after you graduate and make 12 consecutive
on-time principal and interest payments. Releasing the cosigner will not adversely
impact the rate on your loan.
Eligibility: Available to students enrolled full-time, half-time, and less than half-time.
Application Process: - Student or cosigner can initiate the application process at SallieMae.com. It
only takes about 15 minutes to apply online and get a credit result.
In addition to undergraduate students, we've expanded our product suite and now offer
the TruFit Student Loan for graduate, law, MBA, medical and dental students.
No origination, application or disbursement fees
Fixed rate as low 5.75%
Variable rate as low as one-month LIBOR + 2.50%
0.25% interest rate reduction for automating payment from any eligible bank account
Choice of repayment options — Borrowers may defer payments, pay interest only or begin making payments while
Up to .75% interest rate discounts!
Employee Pricing for ALL – 0.25% interest rate discount for all approved borrowers who apply between June 1, 2014 and August 31, 2014.
Loyalty Benefit - Automatic 0.25% interest rate discount for Citizens banking customers and TruFit
Student Loan borrowers on their new TruFit Student Loan.
Automated Repayment Savings - 0.25% interest rate discount with authorized ACH monthly TruFit Student Loan payments.
Loan forgiveness in the unfortunate event of the death or total and permanent disability of the student. If
the loan is cosigned, the cosigner will be released from future obligations related to the loan debt as well.
Cosigner release after 36 on-time principal and interest payments after leaving school.
Satisfactory academic progress not required.
Eligible for past due balance up to 180 days after the date of last attendance.