If you want to get into college, receive your degree, and thus begin to gradually move up the career ladder, you must first select the college, then calculate the costs, assess your financial position, and find free money for tuition. If the cost is too high (not surprising) you will probably think that you cannot afford to go to college. But you are not alone in this problem. Many people worry about their ability to pay and student loan companies are created for them. All you have to do is apply to one of these companies for financial help, even if you are an adult. Nellie Mae is one of the best student loan corporations; is a subsidiary of the well-known SLM Corporation, widely known as Sallie Mae. This company was established and began helping students in 1972. Since this year, the company financed millions and millions of students with their families. Many graduate and undergraduate students paid high tuition costs with the help of Nellie Mae, received their degrees, and landed a well-paying job.

Nellie Mae offers a convenient Internet service, including an online application, federal consolidation loan applications, and downloadable Master Promissory Note (MPN) forms for Stafford and PLUS loan applicants. Prequalification for federal PLUS and private loans is also possible through the Internet. Nellie Mae offers cash rewards for those who paid on time, which encourages students to continue doing business with the company. Nellie Mae also provides helpful online resources such as student feedback, advice, and loan inquiries.

With Nellie Mae you can get your loan very quickly, as the company has a quick turnaround period with private loans. It will only take four to five business days to receive a response after the company receives your completed and signed loan application along with the required documentation. It will give you time to act instead of waiting for a response. It is very important to quickly find out if your application is accepted or not to take alternative steps. The process to obtain a loan is very simple, since Nellie Mae sends the loan directly to the financial office of your university and you will not waste your time in additional procedures, it will also help you avoid fraud. So, as you can see, the process of receiving a student loan is a fairly easy and quick transaction.

Nellie Mae makes loans to three categories of borrowers: graduate students, college students, and parents of students.

So if you don’t have cash for your study, think about the information you got from this article. First, discuss it with your family and teachers. They will help you submit a completed application to Nellie Mae’s office. With timely financial aid, you will be able to successfully graduate from a university or college with a degree and pursue a high-paying career.