K – 12 Family Education Loan

1 Sallie Mae reserves the right to approve a lower loan amount than the school-certified amount

2 This repayment example is based on a typical loan to a borrower for a $10,500 loan, with two disbursements, a 3% disbursement fee, and a 14.75% variable APR. It works out to 4 payments of $182.17, 31 payments of $383.06 and one payment of $354.94, for a Total Loan Cost of $12,958.48. Variable rates may increase over the life of the loan.

3 A disbursement fee of up to 3% may apply.

4 Borrowers and cosigners may receive their FICO® Score quarterly after the first disbursement of their loan. FICO® Scores are delivered only to borrowers and cosigners who have an available score, are based on data from TransUnion, and may be different from other credit scores. This benefit may change or end in the future. FICO® is a registered trademark of the Fair Isaac Corporation in the United States and other countries.

5 All institutions must be licensed or accredited by the department of education in the states in which they operate, if required by that state, or must be accredited by a recognized national education association. Applicants must be able to provide proof that the student is enrolled at an eligible school, either through school certification or by providing an enrollment agreement or tuition bill. You must be a U.S. citizen or permanent resident. Applications are subject to a requested minimum loan amount of $1,000. Current credit and other eligibility criteria apply.

Information advertised valid as of August 27, 2018.

K – 12 Family Education Loans are made by Sallie Mae Bank.

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