CE Financial Assistance

You can use the Sallie Mae Smart Option Student Loans to cover your tuition and other education-related expenses. 

There is no prepayment penalty.

Minimum $1,000

The Smart Option Student 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.

You may take up to 15 years to repay your loan with one of the following options:

• Standard repayment option, you make level, monthly payments of principal and interest. The minimum monthly payment is $30.00.

• 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.

• Deferred repayment option, you may defer payments for up to 12 months, not to exceed the anticipated graduation date on the application. You are required to make a $10.00 monthly payment during deferment. This $10.00 payment will be toward the interest that accurse on the account during deferment. After deferment, you will begin standard repayment of principle and interest.

The Smart Option Student Loan is a private, credit-based student loan for technical training or trade school, online courses, and other continuing education programs.