The Smart Option Student Loan® by ELAC SallieMae Student Loans for East Los Angeles College Students in Monterey Park, CA FOR BORROWERS ATTENDING DEGREE-GRANTING INSTITUTIONS

Whether you’re an undergraduate, career training or graduate student get money for school from Sallie Mae® Student loans from Uloop in partnership with Sallie Mae® could help!


Sallie Mae® student loans are designed for the needs of all types of students.

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

Smart Option Student Loan® for undergraduate and career training students Plus, the graduate loan suite is designed to meet the needs of students in specific fields of study.


Find out which loan is right for you


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. Uloop is not the creditor for these loans and is compensated by Sallie Mae for the referral of loan customers.

Applications are subject to a requested minimum loan amount of $1,000. Current credit and other eligibility criteria apply. Click here for additional eligibility information about each product.

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.

ELAC Sallie Mae Student Loans

The SallieMae Smart Option Student Loan is a type of student loan that can be beneficial to ELAC students in a number of ways. Firstly, it can help them cover the total cost of attendance, including tuition, fees, books, and other expenses, which can be a significant financial burden for many students. Additionally, the loan offers a variety of repayment options, including deferred payment, which can be helpful for students who are not yet able to make payments while they are still in school.

Further, the SallieMae Smart Option Student Loan provides incentives for students to make timely payments, including a reduction in interest rates for those who make consistent payments and a loan principal reduction for those who pay their loans off early. This can help to motivate students to stay on track with their payments and avoid defaulting, which can have negative consequences on their credit score and future financial opportunities.

Overall, the SallieMae Smart Option Student Loan can provide ELAC students with the financial support they need to achieve their educational goals and build a better future for themselves. By offering flexible repayment options and incentives for responsible payment behavior, this loan can help students to manage the costs of their education while also building a strong credit history and financial foundation for their future.
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