Gather current student loan information to help you fill out online application forms.
College costs are expensive; students must pay for tuition, housing, books, transportation and student fees. Financial aid from the federal government is one way to cover costs --- interest rates tend to be low, and it's relatively simple to qualify, even without a strong credit history. However, federal aid doesn't always cover costs; you may choose to take out private loans to help pay for college. If you already have student loans with Sallie Mae, it's possible to take out another loan to help cover college expenses.
Instructions
1. Gather documents related to your current Sallie Mae account. This might include copies of promissory notes, account updates, billing statements (if you're already in repayment for original loans) and other account information. Keep documents organized and ready for reference, since you may be asked to provide account numbers and balances.
2. Log on to your account via the Sallie Mae website. If you haven't already created an account for your prior loans, do so by entering your name, contact information and account details. You will be asked to create a user name and password. Write these down and store in a secure place. Online accounts let Sallie Mae customers manage loans, including making payments, getting details about available loans and downloading forms.
3. Select which loan you would like to take out from the list of available Sallie Mae loan options. Compare interest rates, repayment policies, maximum allowances for loan types depending on your individual needs. Click on the loan to take you to the online application.
4. Complete the loan application, providing details about your contact information, Social Security number, school name, enrolled units and current Sallie Mae loans. If you need a cosigner to qualify for the loan, your cosigner will need to fill out portions of the online application. You may find out immediately whether you qualify for the loan, depending on your previous history and loan type selected.
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