Student Loans
from SLM (Sallie Mae)

I had a good experience with Sallie Mae student loans for my undergrad years. They consolidated all four years easily and it was convenient to use their payment booklets and site to make payments. One thing I would say is that the interest added up like crazy and I did end up switching the loan over to another bank for a lower rate. But their rate was competitive and their service was fair-- bo…rrowing just costs money and that is reasonable.
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Overall, my experience with my student loans from Sallie Mae has been good. I'm sure I could have gotten better interest rates from a private company, but the loan application was super easy with Sallie Mae; simply filling out the FAFSA, and then signing a few forms. They are very easy to work with to get deferments or a forbearance once repayment begins. They also have an option for income bas…ed repayment which can considerably lower your monthly payments, which aren't too bad to begin with. I would definitely work with them again.
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I'm not all that impressed with Sallie Mae. My school has a program where you go to class in the fall and go out on an internship in the spring. Thus, you need the majority of your money during the fall.

But Sallie Mae loans don't have a way to set this up. You have no choice but to split the loan evenly between the fall and spring semester. Because of this, I have to take out more money t…han I need. It's a real pain.
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Sallie Mae has provided me with a good loan, and the best part is that it is interest free up to six months (and then with possible extension) after graduation. The interface is fair, but not perfect, it takes a while to get it. Otherwise, I recommend them highly.

It was easy to get my undergrad loan and i like their website it is easy to navigate. Prob not the best interest rates out there but ive overall hada good experience