Dental Residency and Relocation from Sallie Mae Bank
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Options
- Degree:Graduate
- Bank:Sallie Mae Bank
- Credit Level:Fair (580-669)
- When funds are available:10 business days.
Fees
- Origination feeNo origination fee.
- Early payment feeNo early payment fees.
Pros & Cons
- No origination fee or prepayment penalty
- Autopay discount
- Information not available on minimum qualifying credit scores or income
Variable rates
Fixed Rates
Repayment Options
Defer your principal and interest payments while you’re enrolled at least half-time and during your grace period (three years after you graduate or nine months if you leave school or drop to less than half-time status).
Requirements
- What you need to get approved (Qualifications)FICO® score 600 or higher.
- Residence
Students who are not U.S. citizens or U.S. permanent residents must reside in the U.S., attend a participating school in the U.S., apply with a creditworthy cosigner (who must be a U.S. citizen or U.S. permanent resident) and provide an unexpired government-issued photo ID to verify their identity.
- Requirements Description
- Permanent address. Note: If you've lived at your permanent address less than one year, you'll need to provide your previous address
- Social Security Numbers of the borrower, cosigner and student, if applicable
- School information to include name, enrollment status, degree and course of study
- Academic period of enrollment and year in school
- Loan amount requested and other financial aid the student expects to receive
- Your employment information (company name and gross income)
- Financial information, including your bank accounts, and your monthly mortgage or rent payments
- Name and contact information for two personal contacts (not required for cosigners)
Description
Sallie Mae® Dental Residency and Relocation Loan is for graduate students. This loan is for students who are pursuing or have received a D.D.S., or D.M.D. degree.
The Sallie Mae® bank provides loans with rates between 5.93% and 10.19% Fixed, 2.90% and 8.58% Variable (the lowest rates include the autopay discount).
The Sallie Mae® bank does not charge origination fees or prepayment penalty.