Smart Option Student Loan® for First Source by Sallie Mae®
If you’re a student looking to pay for your undergraduate college expenses, it’s always good to research what’s available through Federal and State aid first, and then check for scholarship opportunities. Once you’ve determined what expenses you’re able to pay for, we can talk to you about helping to cover the rest.
The Smart Option Student Loan®by Sallie Mae®could help. Pay the smart way, with three repayment options, competitive interest rates, and options designed specifically for undergraduate students.
Multiple in-school repayment options plus competitive interest rates provide even more flexibility
No origination fee and no prepayment penalty
Benefits and an interest rate reduction available
Rates that reward creditworthy borrowers
Applying with a creditworthy cosigner may help you qualify
100% U.S.-based Student Loan Specialists
To learn more about the Smart Option loan or apply:
Start the Application Process
Not sure how much you need?
Check out our helpful calculator.
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We encourage students and families to start with savings, grants, scholarships, and federal student loans to pay for college. Students and families should evaluate all anticipated monthly loan payments, and how much the student expects to earn in the future, before considering a private student loan.
These loans are made by Sallie Mae Bank or a lender partner. First Source FCU is not the creditor for these loans and is compensated by Sallie Mae for the referral of loan customers.
This information is for students attending participating degree-granting schools. Smart Option Student Loan information is for undergraduates only. Graduate Certificate/Continuing Education coursework is not eligible for MBA, Medical, Dental, and Law School Loans. Borrowers must be U.S. citizens or U.S. permanent residents if the school is located outside of the United States. Non-U.S. citizen borrowers who reside in the U.S. are eligible with a creditworthy cosigner (who must be a U.S. citizen or U.S. permanent resident) and are required to provide an unexpired government-issued photo ID to verify identity. Applications are subject to a requested minimum loan amount of $1,000. Current credit and other eligibility criteria apply.
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*Federally insured by NCUA. Membership and credit requirements apply. Rates and terms determined by overall credit history and subject to change.
||Estimated Monthly Payment
|30 year Fixed
|20 year Fixed
|15 year Fixed
|FHA 30 year Fixed