Education Loans

• Interest accrues over the life of the loan
• Principal advanced plus interest accrued is due on the last day of residency
• Maturity date of loan is last day of residency
• Payroll deduction, Bill Pay and transfer payment options available
• No prepayment penalty

APR=Annual Percentage Rate. APR is variable and may increase after consummation of loan. Residency Loan APR is indexed to Wall Street Journal Prime Rate (WSJP) with a floor of 5% and based on underwriting and credit qualifications. Membership and Credit Approval required.

A continuing education loan from Campus Federal allows you to concentrate on what's most important - your coursework.

• $500 minimum loan
• $15,000 maximum loan
• Fixed Rate
• Fixed principal and interest payments up to 48 months
• Payroll deduction, Bill Pay and transfer payment options available
• Payment protection insurance available
• No prepayment penalty
• Available to members enrolled in continuing education classes at Louisiana State University. All continuing education courses, as outlined in the Continuing Education catalogs for the following programs, qualify for this loan:
  • LSU
  • LSU-Shreveport
  • LSU-Alexandria
  • LSU-Eunice
  • LSUHNO School of Nursing

Note: This loan is not an alternative to student loans and student financing. BS and RN degree programs should be funded through student loans.

Wherever you are in your higher education, get the money you need for school.
Whether you’re an undergraduate, graduate student, or receiving career training, get money for school through the Smart Option Student Loan^® from Sallie Mae^®.

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

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

Smart Option Student Loan^® for Undergraduate Students, Career Training, and Graduate Loans to pay for expenses included in your school's cost of attendance and designed for your specific degree.

Learn More about Student Loans:

• Countdown to College Checklist
• Paying for College
• Student Loans thru Sallie Mae^®
• Student Loan Financial Checklist
• FAFSA Parent Flyer
• Decoding Financial Aid Offers
• Understanding Loan Repayment

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. These loans are made by Sallie Mae Bank or a lender partner. Campus Federal is not the creditor for these loans and is compensated by Sallie Mae for the referral of loan customers.

Smart Option Student Loan and Sallie Mae graduate loans: Sallie Mae loans are subject to credit approval, identity verification, signed loan documents, and school certification. Smart Option Student Loans are for students at participating schools and are not intended for students pursuing a graduate degree. Graduate student loans are available for students at participating degree-granting graduate schools. Graduate Certificate/ Continuing Education coursework is not eligible for MBA, Medical, Dental, and Law School Loans. Student or cosigner must meet the age of majority in their state of residence. Students who are not U.S. citizens or U.S. permanent residents must reside in the U.S., attend 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. Requested loan amount must be at least $1,000.

Residency and Relocation Loans are for students who are pursuing or have received a M.D., D.O., D.D.S., D.M.D., D.P.M., D.V.M., or V.M.D. degree. Students must be enrolled at least half-time in their final year of study at a participating allopathic, osteopathic, podiatric, dental, or veterinary medicine school or have graduated from one within the past 12 months. This loan is subject to credit approval, identity verification, and signed loan documents. Student or cosigner must meet the age of majority in their state of residence. Students who are not U.S. citizens or U.S. permanent residents must reside in the U.S., graduate from, or attend 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. Requested loan amount must be at least $1,000.

Bar Study Loans are for students who are enrolled at least half-time in their final year of study at a participating ABA-accredited law school or have graduated from one within the last 12 months. Students should be sitting for the bar exam no later than 12 months after graduation. This loan is subject to credit approval, identity verification, signed loan documents, and enrollment verification. Student or cosigner must meet the age of majority in their state of residence. Students who are not U.S. citizens or U.S. permanent residents must reside in the U.S., graduate from, or attend 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. Requested loan amount must be at least $1,000.

¹ Although we do not charge a penalty or fee if you prepay your loan, any prepayment will be applied as outlined in your promissory note—first to Unpaid Fees and costs, then to Unpaid Interest, and then to Current Principal.

SALLIE MAE RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS, SERVICES, AND BENEFITS AT ANY TIME WITHOUT NOTICE.

© 2023 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.