Taking On a Loan for Your Student
Parent Loan℠ for First Source by Sallie Mae®
As a parent helping your child pay for college, a loan in your name helps you give the gift of college to your student, relieving them of the financial responsibility. Any creditworthy individuals, including parents, grandparents, aunts, uncles, spouses, and guardians, can help a student achieve their dream of college.
The Parent Loan offers competitive interest rates, and the flexibility of two repayment options.
This loan can help your student pay for college expenses not covered by scholarships and federal loans.
A variable or fixed interest rate to choose from
No origination fee and no prepayment penalty
Benefits including an interest rate reduction available
100% U.S.-based student loan specialists
Note: Students aren’t eligible to be a borrower or cosigner for the Sallie Mae Parent Loan. Borrowers, cosigners, and students must be U.S. citizens or U.S. permanent resident aliens.
Learn more about the Parent Loan or apply: