CAREER AY 2014-15

Career Training Smart Option Student Loan

Lets talk about how your students will finance their education.
Now that your students have chosen the right school, its time for them to talk about the right student loan. Sallie Mae would like to be part of theconversation. The Career Training Smart Option Student Loan from Sallie Mae provides your students choice and flexibility when it comes to selecting their repayment option. So when scholarships, grants, and federal student loans arent enough, encourage your students to consider the Career Training Smart Option Student Loan.

Features of the Career Training Smart Option Student Loan

With competitive variable interest rates and a choice of in-school repayment options, the Career Training Smart Option Student Loan offers a better way for students to pay for expenses not covered by scholarships and federal student loans. For each new loan, students can choose the repayment option that best fits their needs to cover up to 100% of their school-certified cost of attendance (minimum $1,000).1 Plus, it offers students: 4 Competitive variable interest rates2  Interest Repayment Option: LIBOR+7.75% to LIBOR+11.75% (7.99% to 13.31% APR)  Fixed Repayment Option: LIBOR+8.50% to LIBOR+12.50% (8.69%to 13.62% APR) 4 Auto debit savings: Students can sign up for monthly automatic debit payments and receive a 0.25 percentage point interest rate reduction while enrolled.4 4 Smart Reward2% cash back: Students who become Upromise members (which is free to join) can get a Smart Reward in their Upromise account of 2% of their scheduled monthly payments that are made on time while in school.5

4 Origination fees of 0% to 5%3

More options. More flexibility.

The Career Training Smart Option Student Loan from Sallie Mae gives your students the flexibility to choose from two repayment options for each new loan. That means they can find the right mix of loans to keep control of their monthly payments and still save on the total loan cost.

Benefits
Compared with a 15-year, deferred-payment private student loan, itletsstudents: 4 Graduate owing hundreds even thousands of dollars less than theirpeers6 4 Pay off their loan years earlier6 4 Start establishing their credit today for a brighter future tomorrow All this is possible because students have a shortened repayment term andmake payments while in school and during the separation period.

Fixed Repayment

Payments of $25 a month while in school.2,3 Students can save an average of 25% on their total loan cost compared to a traditional private student loan with deferred payments.6

Interest Repayment

Full interest payments while in school. Students can save an average of 30% on their total loan cost compared to a traditional private student loan with deferred payments.6

Why choose the Career Training Smart Option Student Loan

The Career Training Smart Option Student Loan is an ideal solution forstudents who: 4 Still need funds after maximizing grants, scholarships, and federal studentloans 4 Want to save on the total loan cost while managing their budget 4 Want to begin establishing a credit history 4 Do not qualify for federal student loans 4 Are attending school full time, half time, or less than half time 4 Have an existing balance to pay off before registering for the newsemester

For more information, talk to your Sallie Mae representative or go to SallieMae.com/Schools

For Non-Degree-Granting institutions only | For school use only Not for distribution | Academic year 2014-15 (March)

A cosigner can be beneficial

Many students have little or no credit history when they start school. While a cosigner is not required, byapplying for the loan with a creditworthy individual the student may: 4 Improve their chances for approval 4 Qualify for a lower interest rate 4 Apply to have their cosigner released after graduating and making just 12 consecutive on-time principal and interest payments.7 Releasing thecosigner will not adversely impact the interest rate on the loan. Its important to note that a cosigner doesnt have to be a parent. It may be wise for students to consider family members or other creditworthy individuals who are willing to help them achieve their education goals.

Sallie Mae Insurance Services

Sallie Mae Insurance Services offers a suite of products designed to helpyou protect your revenue and provide added value to your families.8 Our solutions include: 4 Tuition Refund Insurance 4 Student Housing Protection 4 The Student Protection PlanTM, with a unique bundle of benefits specially designedfor college students For more information go to SallieMae.com/Insurance

Death and disability loan forgiveness

If a student borrower dies or becomes permanently and totally disabled, Sallie Mae will waive all remaining payments on the Career Training Smart Option Student Loan. Cosigners will not be responsible for loans waived as a result of the student borrowers death or total and permanent disability.9

Upromise by Sallie Mae A great way to help pay down loans

A Upromise membership enables students to help pay down their eligible student loans or pay for other college expenses through everyday spending. Members can earn cash back by shopping online, buying groceries, filling up the tank, and more. Its free to join and only offered by Sallie Mae. Upromise Loan Link, lets students transfer their rewards to their Sallie Mae student loan account to help pay down their eligible SallieMae studentloans.10 Learn more at Upromise.com

Encouraging Responsible Borrowing

Sallie Mae has helped more than 30 million Americans pay for college since 1972. We encourage students and families to supplement their savings by exploring grants, scholarships, federal and state student loans, and to consider the anticipated monthly payments on their total student loan debt and their expected future earnings before considering a private education loan. This information is for borrowers attending non-degree-granting institutions only. Credit criteria and eligibility requirements apply. 1 As certied by your school and conrmed by Sallie Mae, less other nancial aid received. Sallie Mae reserves the right to approve a lower loan amount than what the school has certied. Requested amounts exceeding $99,999 may require multiple loans. 2 Interest rates for the Fixed Repayment Option are higher than loans with the Interest Repayment Option. Variable rates may increase after consummation. Interest is charged while in school and during the 6month separation period. Any interest that remains unpaid when the borrower enters full repayment will be added to their loan balance. 3 This informational repayment example uses typical loan terms available to a borrower whose planned term for enrollment is approximately one academic year who elects the Fixed Repayment Option and has a $10,000 loan with two disbursements, a 5% disbursement fee, and a 12.62% APR: 15 payments of $25, 119 payments of $163.48 and one payment of $102.64, for a total paid of $19,931.76. Variable rates may increase after consummation. 4 The rate reduction benet applies only if the recurring payment is successfully deducted from the designated account and is suspended during forbearances and certain deferments. For multi-party loans, only one party may enroll in auto debit. 5 Primary borrower can earn a reward into his or her active Upromise account of 2% of the scheduled loan payment amount for each on-time payment during the in-school and separation periods. Loan payments must remain current to be eligible for the reward. The Smart Reward benet and Upromise membership are subject to the terms and conditions of the Upromise service, as may be amended from time to time. Upromise accounts are not FDIC insured, carry no bank guarantee and may lose value. 6 Savings based on a comparison of Career Training Smart Option Student Loan to a traditional private student loan with deferred payments. Comparison assumes $10,000 loan with a 15-year repayment term and the borrowers planned enrollment term is one academic year. 7 Only the borrower may apply for cosigner release. The borrower must provide proof of successful completion of school, be a U.S. citizen or permanent resident, be current and have made 12 consecutive on-time payments of principal and interest immediately before applying, and pass a credit check including income verication when the release request is processed. 8 Sallie Mae Insurance Services is a service of Next Generation Insurance Group LLC, a licensed insurance producer. For insurance licensing information please visit our website: https://salliemaeinsurance.com/licensinginformation. Sallie Mae, Inc. is not a licensed insurance producer or insurance carrier. Insurance programs offered through Next Generation Insurance Group are underwritten by authorized insurance carriers. All insurance is subject to the terms and conditions of the actual policy purchased and will contain reductions, limitations, exclusions and termination provisions. Coverage may not be available in all states. 9 Loan forgiveness in not available to borrowers residing in Alaska or Montana. 10 Only the student loan borrower can link Upromise and loan accounts. Cosigners, parents, family and friends may direct their Upromise earnings to the Upromise account of a student loan borrower to help them pay down their loans. Career Training Smart Option Student Loans and other student loans may not be eligible for linking. To view details and how Upromise earnings are applied to student loans please visit www.upromise.com/loanlink. Upromise account balances of $10 or more will be transferred to help pay down linked student loans on a monthly basis. If students have multiple eligible loans, allocation of their Upromise earnings will depend on the loan type and are at the sole discretion of Upromise and Sallie Mae. Access to Upromise is not limited to Sallie Mae loan customers. WE RESERVE THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS, SERVICES, AND BENEFITS AT ANY TIME WITHOUT NOTICE. CHECK SALLIEMAE.COM FOR THE MOST UP-TO-DATE PRODUCT INFORMATION. Information advertised valid as of February 25, 2014. Terms and conditions apply to the Upromise service. Participating companies, contribution levels and terms and conditions are subject to change at any time without notice. Go to upromise.com to learn more. Career Training Smart Option Student Loans are made by Sallie Mae Bank or a lender partner. The Sallie Mae logo, Sallie Mae, Sallie Mae Bank, Career Training Smart Option Student Loan, Smart Reward and Sallie Mae Insurance Services are registered service marks of Sallie Mae, Inc. Upromise and Upromise Loan Link, are registered service marks of Upromise, Inc. SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America. 2014 Sallie Mae, Inc. All rights reserved. SMSOSL MKT8737 0314