The Smart Option Student Loan® by IUPUI SallieMae Student Loans for Indiana University-Purdue University Students in Indianapolis, IN FOR BORROWERS ATTENDING DEGREE-GRANTING INSTITUTIONS

Whether you’re an undergraduate, career training or graduate student these flexible student loans are designed to meet your needs:

  • Competitive variable and fixed interest rates
  • No origination fee or prepayment penalty1
  • Multiple repayment options

Learn 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 or a lender partner. 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.


© 2022 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.

IUPUI Sallie Mae Student Loans


The SallieMae Smart Option Student Loan is designed to provide financial assistance to students who are pursuing higher education at universities like IUPUI. Here are some ways in which this loan can help IUPUI students:

1. Cover tuition costs: The Smart Option Student loan can be used to cover tuition costs, which can be a significant burden for many students. As the cost of tuition continues to rise, this loan can provide much-needed assistance for students who may not have the financial means to cover these expenses.

2. Cover living expenses: In addition to tuition, the Smart Option Student Loan can also be used to cover living expenses such as rent, food, transportation, and other necessities. This can be particularly important for students who have to relocate to attend IUPUI, as they may have to cover all of these expenses on their own.

3. Flexible repayment options: The Smart Option Student Loan offers several repayment options that can be tailored to the needs of individual students. Students can choose to make interest-only payments while they are in school, which can help to alleviate financial pressure during the time that they are pursuing their education. Additionally, students have the option to defer payments until after they graduate.

4. Competitive interest rates: The Smart Option Student Loan offers competitive interest rates, which can help to minimize the overall cost of borrowing. This can be particularly important for students who may be struggling to make ends meet during their time at IUPUI.

Overall, the SallieMae Smart Option Student Loan can provide meaningful support to IUPUI students as they pursue their education. Whether it is covering tuition costs or living expenses, this loan can help to alleviate financial pressure and allow students to focus on their studies.
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