Sallie Mae Private Student Loan Disclosures
*This repayment example is based on a typical loan to a borrower who chooses a variable rate and the Fixed Repayment Option for a $10,000 loan, with two disbursements, and an 8.77% variable APR. It works out to 51 payments of $25.00, 119 payments of $160.54 and one payment of $119.94, for a Total Loan Cost of $20,499.20. Variable rates may increase over the life of the loan. This repayment example is based on a typical loan to a first-year graduate borrower who chooses a variable rate and the Fixed Repayment Option for a $10,000 loan, with two disbursements, and a 7.83% variable APR. It works out to 27 payments of $25.00, 59 payments of $223.52 and one payment of $205.09, for a Total Loan Cost of $14,067.77. Variable rates may increase over the life of the loan.
**Borrowers and cosigners who have an available FICO® Score, may receive their score quarterly after [the first] disbursement of their loan. The FICO® Score provided to you is the FICO® Score 8 based on TransUnion data, and is the same score that Sallie Mae uses, along with other information, to manage your account. FICO® Scores and associated educational content are provided solely for your own non-commercial personal review, use and benefit. This benefit may change or end in the future. FICO® is a registered trademark of the Fair Isaac Corporation in the United States and other countries.