The Career Training Loan is designed for students who are self-financing their continuing education, and who are attending classes full-time, half-time, or less than half-time.

Features

• With the $10 deferred repayment option, you may defer payments for up to 12 months, not to exceed the anticipated graduation date on the application.
• Please contact Sallie Mae directly regarding terms of the Career Training Loan.
• The Career Training Loan has interest rates that reward good credit and are as low as Prime + 0% for borrowers with excellent credit. Interest rates are variable and reset monthly.  Final approval is at the discretion of SLM Financial Corporation.
• You may take up to 15 years to repay your loan
• With the standard repayment option, you make level, monthly payments of principal and interest. The minimum monthly payment is $30.
• Loan fees are 0%-6.5%.  
• With the interest-only repayment option, you make interest-only payments while you are in school and begin standard repayment of principal and interest once school is completed.