K – 12 Family Education Loan
The K – 12 Family Education Loan can help you send your child to a private primary or secondary school. Borrow the money you need — up to 100% of the school-certified cost of your child’s education.1
Visit SallieMae.com/K12 for the most up-to-date pricing information.
Benefits
- Competitive interest rates that reward good credit
- Fixed 3-year repayment term2
- No application fee3
- Easy online application — takes only about 15 minutes
- Fast credit result while you’re online
- No prepayment penalty
- Quarterly FICO® Credit Scores available online for free
You can now view your quarterly FICO® Score by logging into your Sallie Mae account. You’ll also receive access to the key factor(s) affecting your score and educational content to help you understand why viewing your FICO® Score is important. This free benefit is available to both borrowers and cosigners.4
Eligibility
The K – 12 Family Education Loan is available to parents, family members, or other creditworthy individuals who are US citizens or permanent residents to assist students attending a private elementary, middle, or high school. These include preparatory, Montessori, boarding, and other schools.5