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Sallie Mae Smart Option Student Loan

 


FAFSA


Not required


Admittance to a Degree-Seeking Program


No, however students attending UMD via Continuing Education must also be making satisfactory academic progress.


Enrollment Status

At least one credit for undergraduate or graduate students.


Satisfactory Academic Progress

Yes


Minimum Loan Amount


$1,000


Maximum Loan Amount


Cost of Attendance minus other financial aid. Sallie Mae reserves the right to approve a lower loan amount than what the school has certified.


When To Apply

While enrolled for the loan period, and before it ends. Students who apply after the loan period has ended may borrow only the amount they owe to the University, and must do so within 180 days (6 months) of the loan period end date.

 

Where to Apply


http://www.salliemae.com/smartoption
(888-272-5543)


Disbursement Method


Electronic disbursement