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Welcome McNally Smith College of Music Students.

Finally, there is an education loan that has it all!

The Tuition AnswerSM Loan is an affordable education loan that allows creditworthy students, parents or sponsors to borrow between $1,500 and $40,000 per year to cover education-related expenses. With competitive rates, flexible repayment options and no eligibility deadlines or federal forms to complete, Tuition Answer may be your answer to meeting all your expected and unexpected education expenses!

 

What do you get with a Tuition Answer Loan?

  • The money you need, when you need it.
  • Up to $40,000 a year for college-related expenses.
  • Tax-deductible interest*.
  • No application deadlines and no federal forms to complete (no FAFSA required).
  • No collateral needed.
  • No pre-payment penalty.
  • Your choice of flexible repayment options, including deferred repayments while the student is in school.
  • Loan check mailed to you as soon as 48 hours in schools.
  • Combined billing with all your other Student Loan FundingSM and Sallie Mae® loans.

Who is eligible to borrow a Tuition Answer Loan?

  • Students, parents or sponsors (non-parents) who are U.S. citizens or permanent residents and are at least 18 years of age.
  • Applicants with good credit, an annual income greater than $15,000 and monthly debt payments that do not exceed 45% of gross monthly income. A cosigner is required when the applicant does not meet these requirements.
  • Applicants who provide proof that the student is enrolled at least half-time at an eligible college, graduate, trade or technical school.

With competitive interest rates and a quick online loan application, Tuition Answer is the smart solution for fundingcollege expenses. Why wait? Apply online today!

*Education loan interest is tax deductible for most families. Talk to a tax advisor for specific tax advice.