Wherever you are in your higher education, get the money you need for school.
Student loans from Sallie Mae® in partnership with Old National could help!
For borrowers attending, or borrowing for a student attending, a degree-granting institution
Sallie Mae® higher education loans are designed for the needs of undergraduates, graduate students and parents.
- Competitive interest rates
- Multiple repayment options
- No origination fees; no prepayment penalty1
The Smart Option Student Loan® for Undergraduate Students
For bachelor’s and associate’s degrees or a certificate at a degree-granting school
For parents or other creditworthy individuals who want to take responsibility for financing their student’s undergraduate, graduate or certificate education at a degree-granting school
Graduate loan suite
Designed to meet the needs of students in specific fields of study
Be prepared for unexpected college expenses.
Ways to pay for a college education
We encourage students and families to start with savings, grants, scholarships and federal student loans to pay for college. Students and families should evaluate all anticipated monthly loan payments, and how much the student expects to earn in the future, before considering a private student loan.
These loans are made by Sallie Mae Bank or a lender partner. Old National Bank is not the creditor for these loans and is compensated by Sallie Mae for the referral of loan customers.
Smart Option Student Loan and graduate loan products: This information is for students attending participating degree-granting schools. Smart Option Student Loan information is for undergraduates only. Graduate Certificate/Continuing Education coursework is not eligible for MBA, Medical, Dental, and Law School Loans. Borrowers must be U.S. citizens or U.S. permanent residents if the school is located outside of the United States. Non-U.S. citizen borrowers who reside in the U.S. are eligible with a creditworthy cosigner (who must be a U.S. citizen or U.S. permanent resident) and are required to provide an unexpired government-issued photo ID to verify identity. Applications are subject to a requested minimum loan amount of $1,000. Current credit and other eligibility criteria apply.
Parent Loan: This information is for borrowers with students attending participating degree-granting schools. The student is not eligible to be a borrower or cosigner. The borrower, cosigner and student must be U.S. citizens or U.S. permanent residents. The school may refund loan funds directly to the student, and if that occurs, borrower, and cosigner (if applicable) would still be responsible for repaying that amount. Applications are subject to a requested minimum loan amount of $1,000. Current credit and other eligibility criteria apply.
- Although we do not charge you a penalty or fee if you prepay your loan, any prepayment will be applied as provided in your promissory note: First to Unpaid Fees and costs, then to Unpaid Interest, and then to Current Principal.
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