When you choose Nellie Mae as your Stafford Loan lender, you may be eligible to save the 1% default fee! You can also earn an interest rate reduction with auto-debit payments!*
*Benefits are available on loans first disbursed 2/1/08–6/30/09 to students attending four-year not-for-profit public and private colleges and serviced by Sallie Mae throughout repayment. Terms and conditions apply. The 1% federal default fee will be paid on the borrower’s behalf on loans guaranteed by USA Funds or NELA 2/1/08-6/30/09. A 0.30 percentage point interest rate reduction for paying by automatic debit is available during active repayment for as long as the borrower’s monthly payment is successfully deducted from his/her bank account.
NELLIE MAE AND SALLIE MAE RESERVE THE RIGHT TO MODIFY OR DISCONTINUE LOAN PROGRAMS AT ANY TIME WITHOUT NOTICE.




Choose a Nellie Mae Stafford Loan for money-saving borrower benefits and convenient terms!