Fed Financial

HELP, Sallie Mae loans?

I was just approved for a Sallie Mae student signature loan and in the email it states that they will be working with my financial aid office for disbursment. I thought the loan was to be disbursed to me privately since its not a federal staffod loan, but private. Anyone out here who can help, please let me know. Thanks

Public Comments

  1. They still want to go over your loans and etc with your financial aid from school. But be aware that sallie mae gets pain in the ass later on when you leave school.
  2. Yes Sallie Mae is not the best way to go. My sister did it and at the end when she graduated she owed them more than she had taken out. They have high interest rates and after that 6 month grace period they want their money
  3. Sallie Mae Signature Student Loans are all certified by schools. This means we send your application information to the school you've designated, and they certify that you are enrolled and that the school costs as much as you have requested. Once you're certified the money is then sent directly (disbursed) to your school. If you have any questions please contact your financial aid office, or call us directly. Contact info on link below.
  4. I find it Sillie that a Sallie Mae Rep has to answer on Yahoo in order to attempt to cover the fact that they are scum. I would probably suggest that u back out on ur Sallie Mae loan seeing how they will only disburse the required FUNDS for u to attend a school. There are many other Private student loan providers that will approve a loan amount that you request without running it by the finacial aid dept there for if you were planning to PAY for school and pay for other things like Food, Books Transportation etc you could.
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