Interest rates as low as 4.75%
You may be eligible to receive lower interest rates by consolidating your
student loans with the Student Loan Finance Association’s SMART LOAN® Consolidation Account.
SMART LOAN Consolidation Accounts are originated and serviced by Sallie Mae on behalf
of Student Loan Finance Association.
To find out if you qualify for additional savings, check out our borrower
benefits.
Relief for Borrowers With Multiple Monthly Payments
Having trouble making your monthly payments? Borrowers with multiple payments should consider combining their loans with
one lender for convenience. Student Loan Finance Association’s cost-effective SMART LOAN Consolidation Account makes loan repayment easier for borrowers who have:
- Multiple student loans.
- Large monthly payments.
- High interest rates.
- Debt-to-income ratio challenges.
Why Consolidate?
Through consolidation, you can:
- Convert all of your eligible student loans into one loan with one convenient monthly payment.
- Make smaller monthly payments — up to 51% smaller.
- Reduce your interest rate, sometimes significantly. The interest rate is fixed and will remain the same throughout your loan repayment period.
Have questions about consolidation? Call 800.448.3533 to speak to a Sallie Mae representative
about Student Loan Finance Association’s SMART LOAN Consolidation Accounts.
Student Loan Finance Association reserves
the right to modify or discontinue its program benefits at any time without
notice. Interest rates
for all Stafford and PLUS Loans are adjusted annually on July 1.
