Private Loan Information

Both undergraduate and graduate students may obtain private student loans through Sallie Mae, for example, via their Smart Option Student Loan. Students may apply at

Federal student loans are not available.

Because student loan debt can often not be discharged, even through bankruptcy, and can be a significant barrier for students pursuing ministry, we encourage students to only apply for loans if absolutely necessary. You may find out more about financial planning at

To learn more about the Sallie Mae Smart Option Student Loan, such as the interest rates and terms, click here. We recommend that any student who is considering this loan read this page in full, including the terms at the bottom.