Sterling Federal Credit Union CU Student HELP Smart Option Student Loan made by Sallie Mae
 
college students
 


The CU Student HELP Smart Option Student Loan is an ideal solution to help you pay for college expenses not covered by scholarships and federal loans.
Call 1-877-458-8285 or click the Apply Now button.

apply now for the CU Student HELP Smart Option Student Loan
 
Loan Features and Benefits
  • A choice of competitive rates for undergraduate students. Variable interest rates from 2.25% APR to 9.37% APR. We also offer fixed interest rates from 5.74% APR to 11.85% APR.1
  • New lower rates for graduate students. The APRs on new Smart Option Student Loans can be lower than the APR on the PLUS Loan for Graduate Students with immediate repayment. Variable interest rates from 2.25% APR to 7.27% APR. Fixed interest rates from 5.74% APR to 8.56% APR.1, 5, 6
  • Applying with a creditworthy cosigner may help you qualify and/or receive a lower interest rate. You can apply to release your cosigner after you graduate and make 12 consecutive on time principal and interest payments.4
  • No origination fees and no prepayment penalty.
  • A lower interest rate — Receive a 0.25 percentage point interest rate reduction while enrolled to make scheduled payments by automatic debit.3
  • Pay now or later — defer your payments until after school or choose an in-school repayment option that fits your needs.1
  • Smart Reward® Cash Back — Students who become Upromise members (which is free to join) and choose the Interest or Fixed Repayment Option can get a Smart Reward in their Upromise account of 2% of their scheduled monthly payments that are made on time while in school.2
  • A quick credit result —Applying online is fast and easy. It only takes about 15 minutes to apply and get a credit result.
  • Borrow up to 100% of your school certified education costs (minimum $1,000).
 

For borrowers attending degree-granting institutions.

*We are compensated by Sallie Mae for the referral of Smart Option Student Loan customers.

(1) Interest rates for the Fixed and Deferred Repayment Options are higher than for loans with the Interest Repayment Option. APRs for borrowers attending non-degree-granting institutions range from 7.99% to 13.62% with an origination fee up to 5%. Origination fees mean application or disbursement fees. Variable rates may increase after consummation. Interest is charged while you are in school and during the 6 month separation period. Any interest that remains unpaid when you enter full repayment will be added to your loan balance.

(2) Primary borrower can earn reward into his or her active Upromise account of 2% of the scheduled loan payment amount for each on-time payment during the in-school and separation periods. Loan payments must remain current to be eligible for the reward. Benefit and Upromise membership subject to the terms and conditions of the Upromise service, as may be amended from time to time. Upromise accounts are not FDIC insured, carry no bank guarantee and may lose value.

(3) Recurring payments must be successfully deducted from designated account for rate reduction to apply. Benefit suspended during forbearances and certain deferments.

(4) To qualify, borrower must be a U.S. citizen or permanent resident and meet the underwriting requirements when the release request is processed.

(5) Graduate student pricing on the Smart Option Student Loan is limited to students enrolling in a Masters/Doctorate level degree program. Graduate Certificate/Continuing Education course work is not eligible for graduate student pricing.

(6) 7 Explore federal loans and compare to ensure you understand the terms and features. Smart Option Student Loans that have variable rates can go up after consummation and do not have many of the repayment alternatives like Income-Based Repayment, Extended Repayment, and certain types of deferments that are available with federal loans. Federal loans generally have origination fees.

SALLIE MAE RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS, SERVICES, AND BENEFITS AT ANY TIME WITHOUT NOTICE. CHECK SALLIEMAE.COM FOR THE MOST UP-TO-DATE PRODUCT INFORMATION.

Information advertised valid as of April 25, 2013.

Smart Option Student Loans are made by Sallie Mae Bank® or a lender partner.
SALLIE MAE RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS, SERVICES, AND BENEFITS AT ANY TIME WITHOUT NOTICE. CHECK SALLIEMAE.COM FOR THE MOST UP-TO-DATE PRODUCT INFORMATION.

Terms and conditions apply to the Upromise service. Participating companies, contribution levels and terms and conditions are subject to change at any time without notice. Go to upromise.com to learn more.

The Sallie Mae logo, Sallie Mae, Sallie Mae Bank, Smart Option Student Loan, and Smart Reward are registered service marks of Sallie Mae, Inc. Upromise and the Upromise logo are registered service marks of Upromise, Inc. SLM Corporation and its subsidiaries, including Sallie Mae, Inc., and Upromise, Inc. are not sponsored by or agencies of the United States of America. © Sallie Mae, Inc. All rights reserved SMPC MKT6791 0413