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You can save more with a cosigner!

If you have little or no credit history, consider using a cosigner, such as a parent or other creditworthy person. This may help lower your interest rate. And it can give you a better chance of approval.

You can even apply to release your cosigner once you graduate and make 12 consecutive on-time principal and interest payments.5

Private Student Loans to Help Pay for School

Opportunity starts here
Student borrowers - Apply now

 

Choose a Smart Option Student Loan® funded by Fifth Third Bank

For degree-granting institutions.

The Smart Option Student Loan is the ideal solution for students who still need funds after scholarships, grants and federal loans. With the Smart Option® Student Loan, you can:

  • Get the money you need
  • Earn rewards for paying on time1
  • Enjoy competitive interest rates and no origination fees.2
  • Lower your interest rate3
  • Get quick credit result. 

More Options. More Flexibility

With three repayment options you've got the choice to graduate with less loan debt or enjoy more flexibility while in school.

INTEREST REPAYMENT OPTION
Pay interest while in school and for six months after school.

FIXED REPAYMENT OPTION
Make a low fixed monthly payment while in school and for six months after school.

DEFERRED REPAYMENT OPTION
Defer payments until after school, or pay as much as you want while in school, to enjoy maximum flexibility.4

You’ll choose the repayment option during the application process.

Student borrowers - Apply now

1 While a Upromise member, primary borrower (must be of age of majority - typically 18 years old) can earn reward into his or her Upromise account of 2% of the scheduled loan payment amount for each on time payment during the in school and separation periods. After two consecutive past due payments, the loan is no longer eligible for the reward. Benefit subject to the terms and conditions of the Upromise service (as may be amended from time to time), including without limitation, restrictions on conversion, transfer and redemption of rewards, reward denomination, including whether and under what circumstances the rewards have independent cash value, and terms relating to fees and/or the forfeiture of rewards. Upromise Accounts are not FDIC insured, carry no bank guarantee and may lose value.

2 Interest rates on loans with the Fixed and Deferred Repayment Options are higher than rates on loans with the Interest Repayment Option. Rates and fees shown are available for borrowers attending degree-granting institutions only. APRs for borrowers attending non-degree granting institutions range from 8.13% to 13.86% with an origination fee of up to 5%. Origination fees mean application or disbursement fees. Interest rates are variable and may increase after consummation.

3 Recurring automatic monthly payments must be successfully deducted from designated bank account for rate reduction to apply. Benefit suspended during periods of forbearance and certain deferments.

4 The Deferred Repayment Option is only available for degree-granting institutions. Unpaid interest will capitalize when the loan enters principal and interest repayment.

5 To qualify for cosigner release, borrower must meet age of majority requirements, be a U.S. citizen or permanent resident and meet the underwriting requirements when the release request is processed.

Information advertised valid as of December 27, 2011.

You must attend an eligible school and be enrolled in an eligible program. U.S. citizens enrolled in eligible study abroad programs or studying at medical schools outside the United States are also eligible. International students are eligible with a creditworthy cosigner (who must be a U.S. citizen or permanent resident) and appropriate U.S. Citizenship and/or Immigration Service documentation. You must meet current credit and other eligibility criteria.

Smart Option Student Loans are funded by Fifth Third Bank. All loans subject to credit review and approval.

FIFTH THIRD BANK RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS, SERVICES, AND BORROWER BENEFITS (INCLUDING INTEREST RATE REDUCTIONS) AT ANY TIME WITHOUT NOTICE. APPLICANTS SHOULD CHECK THE FIFTH THIRD WEBSITE CLOSE TO THEIR LOAN APPLICATION DATE AND AGAIN PRIOR TO DISBURSEMENT TO OBTAIN THE MOST UP-TO-DATE INFORMATION REGARDING PRODUCTS, SERVICES, AND BORROWER BENEFITS.

Fifth Third and Fifth Third Bank are registered service marks of Fifth Third Bancorp. FDIC. Equal Housing Lender.

© 1995-2012 Sallie Mae, Inc. All rights reserved. The Sallie Mae logo is a service mark of, and Sallie Mae, Smart Reward, and Sallie Mae Bank are registered service marks of, Sallie Mae, Inc. Upromise is a registered service mark of Upromise, Inc. SLM Corporation and its subsidiaries, including Sallie Mae, Inc., and Upromise Inc., are not sponsored by or agencies of the United States. Other logos are trademarks or service marks of their respective owners.