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Sunday, January 16, 2011

Details about Sallie Mae Manage Your Loans


We will use data transmitted through the Service for purposes related to the processing and servicing of Loans. We may also use the data for other purposes, provided the proposed usage does not violate applicable laws and regulations or any confidentiality obligations. You consent to the disclosure of Your non-public personal information by Company to its unaffiliated third party service providers for purposes of marketing to You products and services offered by the Sallie Mae family of companies; provided, however, that such consent shall not apply with respect to any non-public personal information pertaining to any Loans that are owned by the U.S. Department of Education. Please see the Companys Privacy policy, which is incorporated by reference into these Terms, for the details of Companys commitment to your privacy; provided, however, that with respect to any Loans that are owned by the U.S. Department of Education and processed or serviced by the Company, please see the Sallie Mae Department of Education Loan Services Privacy policy, which is incorporated by reference into these Terms.
Eligible federal student loans

    * Stafford loans
    * Parent PLUS loans
    * Graduate PLUS loans
    * Federal consolidation loans

For subsidized Stafford loans, interest does not accrue during deferment. For unsubsidized loans (including unsubsidized Stafford, Graduate PLUS, and Parent PLUS), the interest accrues and is capitalized at certain times, and you are responsible for paying it.
You acknowledge that the Service does not include equipment, software or communication line access. You will, at Your expense, be responsible for acquiring and maintaining all equipment, software and communication access necessary for You to use the Service.
Managing your account

Manage your student loans, keep up with monthly payments, and update your information with Sallie Mae's easy-to-use account management tool.
Managing your loans
Sallie Mae’s online account management tool

With Sallie Mae’s online account management tool, Manage Your Loans, you enjoy round-the-clock, secure access to your Sallie Mae-serviced loans any time and any place.

With Manage Your Loans, you may:


    * Review your account status and payment history.
    * Make a payment.
    * Review your repayment options.
    * Reduce your payment(s).
    * Postpone your payment(s).
    * Get loan details.
    * See your balance and learn your payoff amount.
    * Monitor the status of your loan benefits.
    * Download forms.
    * Sign up to receive loan information by email.

You can also easily:

    * Update your personal file: Change your address and other information.
    * Send secure emails to Sallie Mae.
    * Contact us if you need help.
Company reserves the right to modify or discontinue, temporarily or permanently, the Service for any reason, at its sole discretion, with or without notice to You.

Company likewise may change the terms and conditions of the Terms from time to time with or without notice to You. Any amendment shall be effective immediately with or without notice.

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