Pros
- Student loans have the capacity to fully address school-certified expenditures, encompassing tuition, fees, books, and associated costs.
- Borrowers are exempt from any loan origination fees.
- Opting for autopay enrollment makes you eligible for a 0.25-percentage-point interest rate reduction.
Cons
- Sallie Mae does not provide student loan refinancing services.
- The lender places a significant emphasis on the inclusion of a creditworthy co-signer.