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Sallie Mae offers student loans to qualifying students attending qualifying schools. The interest rates of the loans vary on the student and loan amount. Sallie Mae offers fixed and variable interest rates. These interest rates are also subject to change. The Sallie Mae website features tools which can help determine the interest rates. Again, average interest rates are determine by loan amount, the school, and the length of the loan. Therefore, there is no standard "average" interest rate.

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Q: What are the average interest rates on student loans at Sallie Mae?
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Related questions

Which students are eligible for Sallie Mae loans?

There are a lot of kinds of loans for students who are eligible for Sallie Mae loans. Some types of student loans at Sallie Mae are federal student loans, private loans, education investment planner.


What are Sallie Mae student loans?

Sallie Mae student loans are private loans offered by Sallie Mae, a financial institution that focuses on providing education loans. These loans are used to cover the costs of higher education, such as tuition, fees, and other educational expenses. Sallie Mae offers various loan options and repayment terms to students and their families.


How does Sallie Mae differ from Fannie Mae?

Sallie Mae is in the business of student loans while Fannie Mae is in the business of home loans.


What makes sallie mae student loans different from other loan types?

Sallie Mae is good for student loans because they have loan education on site and offers you help if you cannot pay.


What are the average interest rates for student loans?

Most student loans are interest free when you are still attending college, then increase from there. It really depends on your credit score to what interest rates you qualify for.


How much is Wachovia student loan consolidation interest rate?

A Wachovia student loan consolidation interest rate is is 6.75%. This rate is the base rate set be the US Government sallie mae loans plus wachovias take.


Can you tell me about private education loans vs. government education loans?

HUGE difference. Federally Guaranteed student loans have very low interest rates and many benefits attached. Private student loans have much higher interest rates and no benefits.


Does sallie Mae offer private student loans?

Yes, Sallie Mae does offer private loans. These loans can be used to attend college. These loans are available to those who have graduated school, as well as those who did not complete high school. Sallie Mae also offers loans to parents of those who did, or did not complete high school.


Where can I get information about low interest student loans ?

There are a number of different places you can find more information about student loans. One place is the financial aid office of the college you are applying to. Another is by contacting a bank or a financial institution like Sallie Mae. http://www.fafsa.ed.gov/


Is there a student loan payment calculator from Sallie Mae?

Yes there is a student loan payment calculator from Sallie Mae, you can find it here https://www1.salliemae.com/after_graduation/manage_your_loans/repaying-student-loans/estimating/


How do I apply for a student loan through Sallie Mae?

Yes, Sallie Mae still offers student loans and applications can be done online at www.sailliemae.com. They require a co-signer for the loan to be approved.


Personal loans should have a lower interest rate than student loans.?

Personal loans should have a lower interest rate than student loans.