Student Loans

Now You Can Pay for College the Smart Way

The Smart Option Student Loan® by Sallie Mae®

For college expenses not covered by scholarships and federal loans, Merritt Federal Credit Union, has partnered with Sallie Mae to bring you loans with great repayment options and competitive rates.

With college costs growing fast, it's time to borrow smarter.

The Smart Option Student Loan® offers these benefits:

A choice of competitive rates for undergraduate students
Competitive, variable interest rates.

Rewards for paying on time
Get a Smart Reward® in your Upromise® account of 2% of your scheduled monthly in-school payments that are made on time while in school with the Interest and Fixed Repayment Options.

Lower your interest rate
Receive a 0.25 percentage point interest rate reduction while enrolled for making scheduled monthly payments by automatic debit.

Get the money you need
Borrow up to 100% of your school-certified cost of attendance (minimum $1,000).

Choose the repayment option that's best for you
Deferred Repayment, Fixed Repayment, or Interest Repayment.

Applying online is easy—it only takes about 15 minutes to apply and get a credit result.

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Continue to Sallie Mae ®