Loans

Education Loan

Higher education often brings higher household expenses.  A fill-in-the-gap loan from Sallie Mae can help.

Here are the three steps to get money to help you pay for college:

Use Free Money First –– Fill out the FAFSA form (FAFSA.ed.gov) first to access any need-based grants –– this is where it all starts.

Explore Federal Loans –– Federal loans –– some available regardless of need –– offer low, fixed-interest rates and flexible payment options.

Lastly, Fill in gaps with Private Student Loans (like Sallie Mae)

After free money and federal loans, private student loans can help you cover the remainder of your education costs

Remember that all of the above is stackable.  You can likely stack free money on top of federal loans on top of private loans to lessen your expenses.

Community First has chosen Sallie Mae as its partner to offer private student loans to fill in the funding gaps for higher education that grants, scholarships and federal options don’t cover.  This is all Sallie does.  Consequently, Sallie has developed expertise and efficiencies that we couldn’t come close to matching.  Therefore, Community First offers this outside private option.

Sallie Mae (NYSE: SLM) is the nation’s No. 1 saving, planning and paying for college company. The company manages or services $238 billion in education loans and administers $37 billion in 529 college savings plans.  Commonly known as Sallie Mae, SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.

To find out more information, learn about options, or to get started, click here.



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