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NEA Smart Option Student Loan® by Sallie Mae® Flexible Repayment Options Great Rates YOU KNOW THE VALUE OF HIGHER EDUCATION; making it a reality is a smart decision. The NEA is here to help you or a member of your family find a way to achieve your goal. GREAT RATES — NO ORIGINATION FEES2 The NEA® Smart Option Student Loan® by Sallie Mae® offers variable rates from 2.25% APR and 9.37% APR1. Borrow up to 100% of your undergraduate or graduate school expenses not covered by scholarships, grants or federal loans2. The NEA Exclusive Rate Reduction lets you reduce your interest rate by a quarter percentage point after you make 12 consecutive on-time payments3. Plus, there are no origination fees or prepayment penalties. FLEXIBLE REPAYMENT OPTIONS while in school or defer payments until after graduation1. The choice is yours! We encourage students and families to supplement their savings by exploring grants, scholarships, federal and state student loans, and to consider the anticipated monthly payments on their total student loan debt and their expected future earnings before considering a private education loan. 1 Interest rates for the Fixed and Deferred Repayment Options are higher than for loans with the Interest Repayment Option. Variable rates may increase after consummation. Interest is charged while you are in school and during the 6 month separation period. Any interest that remains unpaid when you enter full repayment will be added to your loan balance. 2 As certified by your school and confirmed by Sallie Mae, less other financial aid received. Sallie Mae reserves the right to approve a lower loan amount than what the school has certified. Requested amounts exceeding $99,999 may require multiple loans. 3 The special NEA on-time payment 0.25 percentage point interest rate reduction applies only after you make the initial 12 consecutive scheduled payments on or before their due date as shown on your billing statements, and only prospectively. If you miss or are late with the initial 12 payments, the benefit will not be earned. If you earn the benefit, then miss any payment, the benefit will be suspended until after you make 3 consecutive on-time scheduled payments. The benefit is suspended during periods of forbearance and certain deferments. NEA Member Benefits receives compensation from Sallie Mae for this program. NEA does not receive any dues dollars from NEA to support Member Benefits programs. This information is for borrowers attending degree-granting institutions only. Applications are subject to a requested minimum loan amount of $1,000. Current credit and other eligibility criteria apply. WE RESERVE THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. Smart Option Student Loans are made by Sallie Mae Bank or a lender partner. Sallie Mae, Smart Option Student Loan, and the Sallie Mae logo are service marks or registered service marks of Sallie Mae Bank or its subsidiaries. Other logos are 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. Information advertised valid as of 6/20/15. © 2015 Sallie Mae Bank. All rights reserved. MKT11093 7/15 SL121015 in partnership with www.gae.org | 11


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