The Smart Option Student Loan® by University of Illinois SallieMae Student Loans for University of Illinois Students in Champaign, IL 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.
SALLIE MAE RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS, SERVICES, AND BENEFITS AT ANY TIME WITHOUT NOTICE.

© 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.

University of Illinois Sallie Mae Student Loans

The SallieMae Smart Option Student Loan is a private student loan specifically designed to help students pay for tuition and other college-related expenses. This loan can be an excellent option for University of Illinois students who require additional financial aid to cover their education expenses.

The SallieMae Smart Option Student Loan offers several benefits that may be of interest to University of Illinois students. These benefits include:

1. Competitive interest rates: The interest rates for the SallieMae Smart Option Student Loan are highly competitive, which means that University of Illinois students can potentially save money over the life of the loan.

2. Multiple repayment options: The loan offers multiple repayment options, including deferred repayment, interest-only repayment, and immediate repayment. This means that students can choose the repayment plan that best suits their financial situation.

3. No origination fees: The loan does not charge an origination fee, which can save students even more money.

4. Cosigner release option: After making a certain number of payments, students can release their cosigner from the loan, which can help improve their credit score.

Overall, the SallieMae Smart Option Student Loan can be an excellent option for University of Illinois students who require additional financial aid to cover their education expenses. However, it's essential to understand the terms and conditions of the loan before taking it out. It's also essential to consider all other financial aid options, such as grants or scholarships, before opting for a private student loan.
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