How Long Do You Have to Pay Back Sallie Mae Student Loans?

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By Sophia Anthony

Sallie Mae is a government-sponsored enterprise that provides student loans. Borrowers have several repayment options, including immediate repayment, deferred repayment, and income-based repayment. The standard repayment plan gives borrowers up to 10 years to repay their loans.

However, borrowers can extend their repayment period by choosing an extended or graduated repayment plan. Sallie Mae also offers forbearance and loan consolidation options for borrowers who are having trouble making their monthly payments.

If you’re like most students, you probably have some questions about Sallie Mae’s student loans. Here’s what you need to know about repayment. Most students have a six-month grace period after they graduate before they have to start making payments on their loans.

However, if you choose to consolidate your loans or enroll in an income-based repayment plan, you may be able to get a longer grace period. The standard repayment plan for Sallie Mae loans is 10 years, but you can choose from several other repayment options that may fit your budget better. If you consolidate your loans, you may be able to extend your repayment term up to 30 years.

And if you enroll in an income-based repayment plan, your monthly payments will be based on your income and family size – which could make them more affordable. Whatever repayment option you choose, it’s important to make sure that you’re making timely payments. If you miss a payment or default on your loan, it could damage your credit score and make it harder to get future loans.

So if you’re having trouble making payments, contact Sallie Mae right away to discuss your options.

What Happens If I Don’t Pay Sallie Mae?

If you don’t pay Sallie Mae, your account will go into delinquency. This means that you will have missed a payment on your student loan. Your account will be reported to the credit bureaus, and this will negatively impact your credit score.

In addition, Sallie Mae may pursue collection action against you. This could include wage garnishment or seizure of tax refunds. If you are having trouble making your payments, contact Sallie Mae immediately to discuss your options.

Do You Have to Pay Back Sallie Mae Student Loans?

Assuming you’re referring to Federal student loans from Sallie Mae, then the answer is yes – you will have to pay back your loan. The Department of Education will work with you to determine a repayment plan that works for your budget and financial situation, but ultimately it is up to you to make sure the loan gets paid back. There are a few different ways to repay your student loans, including the Standard Repayment Plan, which has a fixed monthly payment for up to 10 years; the Graduated Repayment Plan, which starts with lower payments that gradually increase over time; and the Income-Based Repayment Plan, which sets your monthly payment at an amount that is affordable based on your income and family size.

You can also choose to consolidate your loans into one single loan with a fixed interest rate. If you’re struggling to make payments on your student loans, there are options available to help you get back on track. You can contact your loan servicer to discuss forbearance or deferment options, or look into consolidation or refinancing as well.

No matter what, it’s important that you stay in communication with your loan servicer and keep up with your payments – otherwise you could end up defaulting on your loan, which would have serious consequences like wage garnishment and damage to your credit score.

Does Sallie Mae Make You Pay While in School?

No, Sallie Mae does not require you to make payments while in school. You have the option to defer your student loan payments until after graduation. If you choose to make payments while in school, you may be eligible for an interest rate reduction.

Do Sallie Mae Loans Go Away?

No, Sallie Mae loans do not go away. You will have to repay your loan in full, with interest, even if you don’t complete your education.

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Is There a Penalty for Paying off Sallie Mae Loans Early

If you have a Sallie Mae student loan, you may be wondering if there is a penalty for paying it off early. The answer is no, there is no penalty for prepaying your Sallie Mae loan. In fact, prepaying your loan may save you money in the long run because you will avoid accruing interest on the unpaid balance of your loan.

If you have the ability to pay off your loan early, we recommend doing so!

Sallie Mae Login

If you’re a student looking to log in to your Sallie Mae account, there are a few different ways to do so. You can log in via the Sallie Mae website, or through the mobile app. If you’re having trouble logging in, be sure to check out these tips.

On the Sallie Mae website, you’ll log in by entering your username and password into the appropriate fields. Click on the “Log In” button and you should be taken to your account dashboard. If you’re still having trouble, be sure to check that you’re using the correct URL –

If you prefer to use the mobile app, open up the app and tap on the “Sign In” button. Enter your username and password here and then tap on the “Login” button. Once you’re logged in, you’ll be able to access all of your account information from here.

Still, having trouble logging in? Reach out to Sallie Mae customer service for help.

Sallie Mae Payment Options

Sallie Mae is a student loan company that offers several different repayment options for borrowers. The standard repayment plan is the most common, and it requires borrowers to make equal monthly payments over a 10-year period. However, Sallie Mae also offers an income-based repayment plan, which caps monthly payments at a percentage of the borrower’s income.

This option can extend the repayment period to 20 or 25 years, depending on the borrower’s income and family size. For borrowers who are struggling to make their monthly payments, Sallie Mae also offers deferment and forbearance options. Deferment allows borrowers to temporarily postpone their payments if they are experiencing financial hardship or enrolled in school at least half-time.

Forbearance allows borrowers to temporarily reduce or suspend their payments if they are experiencing financial hardship. Interest will continue to accrue during both deferment and forbearance, so these options should only be used as a last resort. If you are a Sallie Mae borrower and you have questions about your repayment options, you can contact the company directly for more information.

Are Sallie Mae Loans Deferred for Covid?

The Coronavirus Aid, Relief, and Economic Security (CARES) Act has provided some much-needed financial relief for students across the country. One provision in the CARES Act allows federal student loan borrowers to suspend their payments for up to six months. This means that if you have a Sallie Mae loan, you may be able to defer your payments until September 2020.

But what exactly does this mean? Here’s everything you need to know about Sallie Mae loans and the CARES Act. What is a Sallie Mae loan?

Sallie Mae is a private company that provides student loans. Unlike federal student loans, which are funded by the government, private student loans are offered by banks, credit unions, and other financial institutions. Private student loans usually have higher interest rates than federal loans, but they can also offer more flexible repayment terms.

How do I qualify for the CARES Act deferment? In order to qualify for the CARES Act deferment, you must have a federally-backed student loan from Sallie Mae. This includes Direct Loans, FFELP Loans, and Perkins Loans that were originated by Sallie Mae.

If you’re not sure whether your loan qualifies, you can check on or contact Sallie Mae directly. Federal PLUS Loans and private loans are not eligible for the CARES Act deferment. According to, borrowers with eligible loans will automatically have their payments suspended through September 30th, 2020.

There is no application process – your servicer will simply stop collecting payments on your behalf. However, if you want to continue making payments during this time, you can still do so. And while your payments will be deferred, interest will continue accruing on your loan balance.

So if possible, it may be beneficial to make at least some payments during this time period in order to keep your balance from growing too large. You can contact your servicer if you have questions about how this will affect your specific situation.


Assuming you’re referring to the blog post titled “How Long Do You Have to Pay Back Sallie Mae Student Loans?” the answer is 10-25 years. The repayment term depends on the type of loan, your repayment plan, and other factors. If you have a private loan from Sallie Mae, you can choose from several different repayment plans, including a standard repayment plan (10-25 years), an extended repayment plan (up to 30 years), or a graduated repayment plan (starting with lower payments that gradually increase over time).

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