About our partner:

Sallie Mae's 1-2-3 Approach to Paying for College

With Sallie Mae's 1-2-3 Approach to Paying for College, we encourage students and families to tap the most affordable education funds first and minimize education loan debt upon graduation.

Step 1.

Use Free Money First. Students should fill out the FAFSA to access need-based grants and research and apply for scholarships. Students should consider supplementing grants and scholarships with current income and college savings.
Step 2.

Explore Federal Loans. Available to both students and parents regardless of need, federal loans offer low, fixed interest rates and flexible repayment options.
Step 3.

Fill Any Gap with Private Student Loans. After students have pursued free money and federal loans, private student loans may be available to cover the rest of their education costs.

Private Student Loans

Still have Educational expenses not covered by your federal loans? Close your funding gap today with a Private Student Loan. Qualified borrowers may use private loans to pay for tuition, books, computer equipment, software, lab fees, housing -- or other education-related expenses. Help finance the uncovered costs of your college education.

Info: Student loans for educational and everyday school living expenses.