Sallie Mae Student Loans: College & University

Wherever you are in your higher education, get the money you need for school. Student loans from Arizona Central Credit Union in partnership with Sallie Mae® could help! For borrowers attending or borrowing for a student attending a degree-granting institution

Sallie Mae® Higher Education Loans

Sallie Mae® higher education loans are designed for the needs of undergraduates and graduate students.

  • Competitive interest rates
  • Multiple repayment options
  • No origination fees; no prepayment penalty1

Smart Option Student Loan® for Undergraduate Students

Plus, the graduate loan suite is designed to meet the needs of students in specific fields of study.

Borrow Responsibly

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.

Explore our tips for paying off student loans.

These loans are made by Sallie Mae Bank or a lender partner. Arizona Central Credit Union 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:  These loans are for students at 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. Students who are not U.S. citizens or U.S. permanent residents must reside in the U.S., attend a participating school in the U.S., apply with a creditworthy cosigner (who must be a U.S. citizen or U.S. permanent resident) and provide an unexpired government-issued photo ID to verify their identity. Applications are subject to a requested minimum loan amount of $1,000. Current credit and other eligibility criteria apply.

1 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.


© 2021 Sallie Mae Bank. All rights reserved. Sallie Mae, the Sallie Mae logo, and other Sallie Mae names and logos are service marks or registered service marks of Sallie Mae Bank. All other names and logos used are the trademarks or service marks of their respective owners. SLM Corporation and its subsidiaries, including Sallie Mae Bank, are not sponsored by or agencies of the United States of America.

Student Loan FAQs

Yes, you can refinance both private and federal student loans.

A decision to refinance your student loans can depend on your personal financial situation. Refinancing your student loans can help you save money with lower monthly payments.

Refinancing your student loans starts with determining if it is in your best interest as you will need a strong credit score to qualify for low rates. If you qualify and have chosen a new lender, they will pay off the existing lender and you will make monthly payments at this new rate. Learn more on how to refinance your student loans.

The time to refinance student loans is when you are in a strong enough credit and financial situation to qualify for low rates on the payments.

Student loan consolidation allows you to combine multiple federal education loans into one easy and convenient loan, known as the Direct Consolidation Loan. It is important to understand if you meet the eligibility requirements before you decide to consolidate or refinance student loans.

Consolidating your student loans can be a useful strategy to help manage your debts better. However, this method may not be suitable for your current situation.

You should consider consolidating your student loans when:

  • Monthly payments are too much to handle
  • Switching from a variable-rate to a fixed interest rate
  • You don’t qualify for federal benefits

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