How do these student loans work?
We offer student loans through our partner, Sallie Mae. You can apply online at our partner website.
Plenty of options
The Smart Option Student Loan by Sallie Mae offers you plenty of options that fit your unique circumstances. There are fixed and variable interest loans available, both with competitive rates. You can also pick the repayment option you prefer, and don’t have to worry about an origination fee. As a bonus, the Study Starter program lets you choose up to 120 free tutoring minutes with Chegg Tutors™ or free access to Chegg Study®.
- Competitively low rates for both undergrads and graduate students
- The money you need: borrow up to 100% of the school-certified cost of attendance
- Pick the repayment option that’s best for you
Student Loan Calculator
Loan Payment Calculator
Frequently Asked Questions
A variable interest rate means that the rate will change as market interest rates change. As a result, your payment amounts will vary as well.
A fixed interest rate means the rate will remain fixed for that loan's entire term, no matter what market interest rates do. This also means your payments will be the same over the entire term.
An origination fee is charged by a lender upon entering into a loan agreement to cover the cost of processing the loan. The Sallie Mae program does not charge origination fees for student loans.
Yes. In fact, if a parent or other creditworthy individual cosigns the loan with you, it may give you a better chance of approval.
No. In fact, we encourage you to explore other funding options first, and then use a student loan to pay the rest, if needed. Be sure to search out scholarship opportunities and grants, since you won't ever need to repay those. To get started, we recommend exploring Sallie Mae's college planning section. We also encourage you to apply for Life CU's own scholarship.
Applying online is easy—it only takes about 15 minutes to apply and get a credit result.Apply Now