Managing Credit

Paying for School, from K-12 to College

An education is an investment in the future, but it doesn’t typically come cheap. If you’re thinking about how you’ll pay for it, there are numerous paths to consider. Explore our experts’ five tips on funding educational expenses, from saving to scholarships and work-study.
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Education opens opportunities at any stage in life. Our MoneyWise financial wellness program will give you solid strategies and tips to pay for it, from K-12 private schooling to trade school and higher education. Want more personal finance tips? Explore other MoneyWise topics here.
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Affordable, flexible loans to fund college
We’re a Sallie Mae® lender, which means you’ve got great options for financing an education from a degree-granting institution. These higher education loans have competitive interest rates, multiple repayment options and no origination fees or prepayment penalty.

Use these calculators to estimate college expenses:

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.