K-12 school loans
These private student loans help families make up the difference between available funds and school costs. Private student loans should be used to supplement federal student loans.
The K-12 Family Education Loan is available to parents or other creditworthy family members of children attending private elementary, middle, or high school — including prep schools, military school, parochial schools, Montessori schools, boarding schools, and others.
- Competitive rates that reward creditworthy borrowers.
- No prepayment penalty.
- Combined billing with all other Sallie Mae-serviced student loans.*
- 24/7 online account management.
- Flexible repayment terms.
*Certain restrictions apply.