Features

• America's most convenient and most accessible way to help you finance your graduate business education.
• A comprehensive package of Federal Stafford loans and the MBA LOANS^® Private Loan.
• 0% disbursement fee on the Private Loan.

Federal Stafford loans

Federal Stafford loans carry the lowest interest rates. If you're eligible, apply for a Stafford loan through the MBA LOANS program using Sallie Mae lender code 802218. You're eligible for up to $20,500 annually through this federal loan program.

To apply, please work with the financial aid office at your school to make sure you have completed the appropriate eligibility forms for federal aid.

As an MBA LOANS federal Stafford loan borrower, you'll get:

• Customer service from a single servicing agency.
• The advantage of combined billing for your loans obtained through the MBA LOANS program and any other Sallie Mae-owned and -serviced loans.
• Sallie Mae's wide array of repayment options.

Bypassing the federal financial aid process is appropriate for international students, students who are enrolled less than half time, and students attending specialized MBA or executive MBA programs.

MBA LOANS Private Loan

(for loans disbursed June 1, 2006–May 31, 2007)

If you've reached your loan limit for the Stafford loan, but still need money for school, or if you aren't eligible for federal funding, apply for our MBA LOANS Private Loan.

MBA LOANS Private Loan benefits:

• Over 80% of applicants are approved.
• 0% disbursement fee.*
• Online credit pre-approval.
• Low interest rates, based on borrower's or cosigner's credit.
• International students are eligible with a U.S. citizen or non-citizen permanent resident cosigner.
• Applicants who do not pass our credit review may be eligible for a loan if they secure a creditworthy cosigner who is a U.S. citizen or non-citizen permanent resident.
• Flexible repayment options and terms up to 25 years depending on loan balance.
• Cosigner release after the first 24 payments of principal and interest are made on time (not applicable for foreign borrowers).

Eligible students

• You can apply for the MBA LOANS Private Loan if you're currently enrolled—even on a less-than-half-time basis—in an approved graduate business program (including business administration, marketing, accounting, executive MBA etc.).
• Applicant must be a U.S. citizen, a non-citizen permanent resident with proper evidence of eligibility, or an international student borrowing with a creditworthy U.S. citizen or non-citizen permanent resident cosigner.

Loan terms

Loan limits

• Annual minimum: $500
• Annual maximum: Cost of education, as determined by your school, minus other aid received
• Lifetime: None with a cosigner; $175,000 without a cosigner (includes all student loan debt).

Your school must certify the loan amount requested.

Rates and fees

MBA LOANS Private Loan interest rates are tiered, based on credit, so the better your credit, the lower your interest rate. If you and your cosigner are credit approved, your rates and fees will be based on the best credit rating of the two applicants.

Repayment terms

Repayment on the MBA LOANS Private Loan and Stafford loan for full-time and half-time student borrowers begins six months after graduation. If the borrower drops below half-time status, repayment begins six months after the date less-than-half-time status began.

Repayment on the MBA LOANS Private Loan for borrowers who are less than half-time begins six months after the loan is fully disbursed.

If you have additional questions about the MBA LOANS program, please call us at (888) 440-4MBA.

*For loans disbursed June 1, 2006–May 31, 2007.