How To

How to Apply for a Sallie Mae Student Loan

Contributor
By eHow Contributing Writer
(8 Ratings)

Sallie Mae is the leading provider of student loans in the United States. They provide many different types of loans and loan amounts for student attending any type of post secondary education institution. Through the help of Sallie Mae loans, many Americans have made their educational and career dreams come true. Both parents and students can get a loan through Sallie Mae. In order to be eligible for a loan, it is important that you know how to apply for it. Here are the steps to apply.

From Quick Guide: Paying for College
Difficulty: Moderately Easy
Instructions
  1. Step 1

    Visit the Sallie Mae website. On the homepage, under "Start your application" choose whether you are a student or a parent.

  2. Step 2

    Decide which type of loan you need. Once you select if you are a parent or a student, the next screen will give you a list of possible loans. If you click on the loan name, you can read a description of each. If you are still unsure of which loan to obtain, click on the last link labeled "Help me choose a plan" and the site will assist you in deciding which loan is best for you.

  3. Step 3

    Get the following information together and have it ready to enter on the loan application: your social security number, an email address, your contact information, your driver's license number and state and the names and phone number of two references. The references can be friends, family or anyone who knows where to contact you.

  4. Step 4

    Follow the instructions closely on the online application. It will ask you a series of questions. Be honest on all of the questions. Continue to enter answers for all questions until you have reached the end of the application.

  5. Step 5

    Review the application after you have completed all of the questions. Make sure everything is correct. You can go back and edit or change information by clicking the edit button for a particular section.

  6. Step 6

    Submit the loan application. You should receive a confirmation that you can print out online. You will receive a response from Sallie Mae within a few weeks.

  7. Step 7

    Call 1-888-272-5543 if you have any questions or for an update on the status of the loan. You can also call this number if you would like to request a hard copy of the application forms.

Tips & Warnings
  • Provide truthful information. Falsification of information on the loan will jeopardize the loan approval and could result in prosecution.
Resources

Comments  

brianwa253 said

Flag This Comment

on 3/16/2009 The leaders of Sallie Mae are just as corrupt and greedy as any other institution. Over the last 8 years, I've paid $106,000 on a total of nearly $65,000 in student loans, yet today Sallie Mae claims I still owe over $98,000. That money would be far better spent circulating in our local economies. Indentured servitude is alive and well in the 21st century. Studentloanjustice.org is working to change that.

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