A: No the check goes directly to the school, not you.
The innovative Smart Option Student Loan helps you save money, build your credit, and pay off your student loan faster. It's an ideal ...
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Kiplinger's personal finance magazine
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Complete College Financing Guide
SMART LOAN Account Sallie Mae's SMART LOAN Account allows borrowers to combine all ... depending on the student's total loan indebtedness. SMART OPTIONS ...
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Black Enterprise
It Pays To Be SMART The Student Loan Marketing Association, or Sallie Mae, has created a program designed to assist those who have not defaulted on student ...
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RESTON, Va., May 4, 2010—Sallie Mae, the nation’s leading saving, planning, and paying for college company, today announced new enhancements to its Smart Option Student Loan that make it even more rewarding for students to pay a little now to save a lot later. Sallie Mae is leading the market to cut interest rates on its Smart Option Student Loans. Starting May 10, rates on new Smart Option Student Loans will range between 2.88 percent and 10.25 percent, based on today’s LIBOR index. In addition, Sallie Mae will eliminate disbursement fees.
“Sallie Mae’s Smart Option Loan is a favorable option for families who need to fill the gap in their college funding,” says Scott M. Kahan, Certified Financial Planner practitioner and president of the wealth management firm Financial Asset Management Corp. in New York City. “By paying the interest while in school, families can save a lot of money and pay off their debt much sooner. This goes a long way in managing your finances responsibly.”