Sallie Mae Loans (US and Canada)

US and Canadian students are eligible for private loans from various sources, of which our main partner Sallie Mae. These loans are an alternative to GradPlus loans in order to cover the difference between the total cost of attendance and all other aid already obtained.

This page describes the Sallie Mae Signature loans (*).

How much can I borrow ?

You can borrow the full cost of attendance (COA), which is estimated and set by the school less any other financial aid received, in particular federal loans.

How do I apply ?

1. Fill an application online on Sallie Mae's website

Make sure not to ask for more than the amount stated above.

Applicants will generally need a credit-worthy co-signer. Co-signers must have an established satisfactory credit history, be employed with sufficient income to meet current liabilities, and a stable residency and employment history.

Complete the application on-line at https://opennet.salliemae.com/private/. You may need to submit proof of income and other documentation.

2. Inform AGSIRD

Once you've completed the above steps and your loan has been pre-approved, AGSIRD will be requested to certify your loan. AGSIRD will be directly informed by Sallie Mae, however please let us know that you have applied for a loan so that we can follow up things on our side.

3. AGSIRD will certify your loan online

As soon as we are notified, we will certify your loan online. We will also correct the enrolment dates and status, as well as the amount, should they not be correct.

We will then inform you.

4. Disbursement

You can ask one or several disbursements. The checks are sent to AGSIRD and will be posted to your student's account for an approximate Euro-value, which will be corrected to the exact amount as soon as the check is actually cleared, which can take a few weeks.

If this amount and the other funds possibly received on your account exceed your tuition, AGSIRD will disburse this excess to you immediately. However no disbursement will be made to new students before the start of classes.

Interest, grace period, repayment options

You will find all information and will be able to track your loan through repayment on Opennet.

(*) Sallie Mae, among other lenders, also offers Graduate Plus loans. If you prefer a Graduate Plus loan with Sallie Mae, follow the GradPlus loan procedure and enter Sallie Mae's lender code: 802218.