Help Your Student Pay For College with Sallie Mae®
If you’re looking to help support your student’s education, Unigo has partnered with Sallie Mae® to
offer your student the Smart Option Student Loan® for undergraduates. When a creditworthy adult
cosigns a student loan with the borrower, their good credit can make it easier for the loan to be
approved. Last year, students were 4x more likely to be approved with a cosigner [1] and it may help them
get a beter rate.
Benefits include:
- Your student can apply once to get the money they need for the whole year.
- Borrow up to 100% of school-certified expenses [2]. No origination fees.
- Cosigner release – Your student can apply to release their cosigner from their loan after they
graduate, make 12 on-time principal and interest payments, and meet certain credit
requirements. [3]
Applying online is easy – you could receive a credit result in about 10 minutes.
Apply Now!
Disclosures:
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.
1 Based on a comparison of the percentage of students who were approved with a cosigner to the percentage of students who
were approved without a cosigner from October 1, 2022 to September 30, 2023.
2 For applications submitted directly to Sallie Mae, loan amount cannot exceed the cost of attendance less financial aid
received, as certified by the school. Applications submitted to Sallie Mae through a partner website may be subjected to a lower
maximum loan request amount. Miscellaneous personal expenses (such as a laptop) may be included in the cost of attendance
for students enrolled at least half-time.
3 Only the borrower may apply for cosigner release. To do so, they must first meet the age of majority in their state and provide
proof of graduation (or completion of certification program), income, and U.S. citizenship or permanent residency (if their status
has changed since they applied). In the last 12 months, the borrower can’t have been past due on any loans serviced by Sallie
Mae for 30 or more days or enrolled in any hardship forbearances or modified repayment programs. In addition, the borrower
must have paid ahead or made 12 on-time principal and interest payments on each loan requested for release. The loan can’t be
past due when the cosigner release application is processed. The borrower must also demonstrate the ability to assume full
responsibility of the loan(s) individually and pass a credit review when the cosigner release application is processed that
demonstrates a satisfactory credit history including but not limited to no: bankruptcy, foreclosure, student loan(s) in default or
90-day delinquencies in the last 24 months. Requirements are subject to change.
Unigo is not the creditor for these loans and is compensated by Sallie Mae for the referral of Sallie Mae loan customers.
Sallie Mae loans are made by Sallie Mae Bank.
SALLIE MAE RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS, SERVICES, AND BENEFITS AT ANY TIME WITHOUT NOTICE.
Sallie Mae, the Sallie Mae logo, and other Sallie Mae names and logos are service marks or registered service marks of Sallie Mae Bank. All other names and logos used are the trademarks or service marks of their respective owners.