The Smart Option Student Loan® by PSU SallieMae Student Loans for Portland State University Students in Portland, OR FOR BORROWERS ATTENDING DEGREE-GRANTING INSTITUTIONS

Whether you’re an undergraduate, career training or graduate student get money for school from Sallie Mae® Student loans from Uloop in partnership with Sallie Mae® could help!

Sallie Mae® student loans are designed for the needs of all types of students.

  • Competitive interest rates
  • Multiple repayment options
  • No origination fees; no prepayment penalty1

Smart Option Student Loan® for undergraduate and career training students Plus, the graduate loan suite is designed to meet the needs of students in specific fields of study.

Find out which loan is right for you

Borrow responsibly

We encourage students and families to start with savings, grants, scholarships, and federal student loans to pay for college. Students and families should evaluate all anticipated monthly loan payments, and how much the student expects to earn in the future, before considering a private student loan.

These loans are made by Sallie Mae Bank. Uloop is not the creditor for these loans and is compensated by Sallie Mae for the referral of loan customers.

Applications are subject to a requested minimum loan amount of $1,000. Current credit and other eligibility criteria apply. Click here for additional eligibility information about each product.

1 Although we do not charge a penalty or fee if you prepay your loan, any prepayment will be applied as outlined in your promissory note—first to Unpaid Fees and costs, then to Unpaid Interest, and then to Current Principal.

© 2023 Sallie Mae Bank. All rights reserved. Sallie Mae, the Sallie Mae logo, and other Sallie Mae names and logos are service marks or registered service marks of Sallie Mae Bank. All other names and logos used are the trademarks or service marks of their respective owners. SLM Corporation and its subsidiaries, including Sallie Mae Bank, are not sponsored by or agencies of the United States of America.

PSU Sallie Mae Student Loans

The Sallie Mae Smart Option Student Loan can be an excellent option for PSU students who need additional financial assistance when paying for their education. This loan offers flexible repayment options that are tailored to the student's financial situation and budget, helping them manage their debt responsibly and avoid defaulting on their payments.

Some of the ways in which the Sallie Mae Smart Option Student Loan can benefit PSU students include:

1. Low-interest rates and competitive fees: The loan comes with a variable interest rate that is based on the creditworthiness of the borrower, making it more affordable and accessible than other student loans. Additionally, there are no origination fees or prepayment penalties.

2. Multiple repayment options: PSU students can choose from several repayment options, including deferred repayment, fixed repayment, and interest-only repayment. Each of these options has its own benefits and drawbacks, depending on the student's situation and goals.

3. Co-signer release: The loan also offers a co-signer release after the student makes a certain number of on-time payments. This allows students to remove their co-signer from the loan and assume full responsibility for the debt.

4. Loan forgiveness programs: Depending on the student's field of study and career goals, they may be eligible for loan forgiveness programs that can help reduce or eliminate their loan debt. Such programs include public service loan forgiveness, teacher loan forgiveness, and income-driven repayment plans.

Overall, the Sallie Mae Smart Option Student Loan can be a valuable resource for PSU students who need help paying for their education. It offers flexible repayment options, low-interest rates, and the freedom to choose the repayment plan that works best for them.
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