We are committed to helping people invest in higher education. That is why we have partnered with the educational institutions and lenders below. We encourage students and families to explore all of their options and to consider the anticipated monthly payments on their total student loan debt and their expected future earnings before considering a private education loan. Reach out to us for more guidance on finding the right student loan for you.
The Smart Option Student Loan® for Destinations Credit Union by Sallie Mae®
- Competitive interest rates
- Multiple repayment options
- No origination fees; no prepayment penalty1
Smart Option Student Loan® for Undergraduate StudentsPlus, the graduate loan suite is designed to meet the needs of students in specific fields of study.
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. Destinations Credit Union is not the creditor for these loans and is compensated by Sallie Mae for the referral of loan customers.
Smart Option Student Loan and graduate loan products: These loans are for students at participating degreegranting schools. Smart Option Student Loan information is for undergraduates only. Graduate Certificate/Continuing Education coursework is not eligible for MBA, Medical, Dental, and Law School Loans. Students who are not U.S. citizens or U.S. permanent residents must reside in the U.S., attend a participating school in the U.S., apply with a creditworthy cosigner (who must be a U.S. citizen or U.S. permanent resident) and provide an unexpired government-issued photo ID to verify their identity. Applications are subject to a requested minimum loan amount of $1,000. Current credit and other eligibility criteria apply.
1Although 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.
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