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Can someone PLEASE tell me what the difference is between the sallie mae SIGNATURE and TUITION ANSWER loans??

I’ve been comparing them on their site but I honestly can’t tell why they are different??! HELP!

Top 2 Answers
Sean

Favorite Answer

the signature loan has less requirements and less limitations, and is most popular. The Tuition loan has a minimum and maximum amount and most likely requires a co-signer.
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4 years ago
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in fact, college cost extra effective than your instructions. the reason Sallie Mae has allowed you to take out extra is because of the fact which you’re no longer on the full cost of attendance (COA). you could’t take out extra effective than the predicted COA except you get approval from the finanical help workplace. Room and board, transportation, instructions, books, and any costs bypass into the predicted COA. If instructions grew to become into 18K, maximum possibly the whole COA could be a minimum of 30K. the faculty will take out the 18K and grant you with a reimbursement examine for the 4K- or final stability. additionally, the examine is going in the process the faculty and the faculty grants something- that’s going to be a examine in the process the faculty
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