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Whether you’re an undergraduate, graduate student, or parent,
Get money for school from Sallie Mae®
Student loans from Knoxville TVA Employees Credit Union in partnership with Sallie Mae® could help!

Sallie Mae higher education loans are designed for the needs of undergraduates, graduate students, and parents.

  • Competitive interest rates
  • Multiple repayment options
  • No origination fees; no prepayment penalty1

Plus, the graduate loan suite is designed to meet the needs of students in specific fields of study.

Find out which loan is right for you! LEARN MORE

Borrow responsibly: We encourage students and families to start with savings, grants, scholarships, and federal student loans to pay for college. Students and families should evaluate all anticipated monthly loan payments, and how much the student expects to earn in the future, before considering a private student loan.

These loans are made by Sallie Mae Bank or a lender partner. Knoxville TVA Employees Credit Union is not the creditor for these loans and is compensated by Sallie Mae for the referral of loan customers.

Smart Option Student Loan and graduate loan products: This information is for students attending participating degree-granting schools. Smart Option Student Loan information is for undergraduates only. Graduate Certificate/Continuing Education coursework is not eligible for MBA, Medical, Dental, and Law School Loans. Borrowers must be U.S. citizens or U.S. permanent residents if the school is located outside of the United States. Non-U.S. citizen borrowers who reside in the U.S. are eligible with a creditworthy cosigner (who must be a U.S. citizen or U.S. permanent resident) and are required to provide an unexpired government-issued photo ID to verify identity. Applications are subject to a requested minimum loan amount of $1,000. Current credit and other eligibility criteria apply.

Parent Loan: This information is for borrowers with students attending participating degree-granting schools. The student is not eligible to be a borrower or cosigner. The borrower, cosigner, and student must be U.S. citizens or U.S. permanent residents. The school may refund loan funds directly to the student, and if that occurs, borrower and cosigner (if applicable) would still be responsible for repaying that amount. Applications are subject to a requested minimum loan amount of $1,000. Current credit and other eligibility criteria apply.

1 Although we do not charge you a penalty or fee if you prepay your loan, any prepayment will be applied as provided in your promissory note: First to Unpaid Fees and costs, then to Unpaid Interest, and then to Current Principal.


© 2020 Sallie Mae Bank. All rights reserved. Sallie Mae, the Sallie Mae logo, and other Sallie Mae names and logos are service marks or registered service marks of Sallie Mae Bank. All other names and logos used are the trademarks or service marks of their respective owners. SLM Corporation and its subsidiaries, including Sallie Mae Bank, are not sponsored by or agencies of the United States of America.

Educational Savings Account

The Educational Savings Account is a high-yield savings account to help save for higher education costs. It must be open for a minimum of three years and pays out on your child’s college entrance date or 18th birthday, whichever comes first. With no minimum opening deposit required, it’s a great way to save!

Any withdrawal from the Educational Savings Account prior to set requirements will close the account and result in a penalty (some exceptions may apply).

To open an Educational Savings Account, please visit your local branch.


Federally insured by NCUA. APY = Annual Percentage Yield. Rates current as of 1/13/2021. Fees could reduce the earnings on the account. Available to qualifying Members. Some restrictions may apply. Ask for details.

Estimating College Costs

You've heard the figures - college education is expensive. All those benefits of personal growth, expanded horizons, and increased lifetime earning power comes at a price increasing every year.


How Grandparents Can Help

As the cost of a college education continues to climb, many grandparents are stepping in to help. This expected trend accelerates as baby boomers, many of whom went to college, become grandparents, and start gifting predictions of trillions of dollars over the coming decades. Grandparents can open an Educational Savings Account for grandchildren at birth and make regular deposits to assist in higher education costs.

Tennessee Resources

Tennessee Student Assistance Corporation

It's hard to talk about college without mentioning financial aid. In many cases, financial aid may be the deciding factor in whether or not a child attends the college of his or her choice, or even attends college at all. That is why it is important to develop a basic understanding of financial aid before a child applies to college. Without such knowledge, you may have trouble understanding aid determination, filling out the proper aid applications, and comparing the financial aid awards a child receives.


Additional College Resources

Paying for college doesn't have to be scary or intimidating.  But it does require some research and planning.  Here's some information to help you save for college, apply for student loans, apply for grants, apply for scholarships and repay student loans.

College 529 Savings Plan - Learn the advantages and disadvantages of using 529 plans vs. pre-paid tuition plans to save for your child's college education.

FAFSA - Applying for Student Aid - The first step in applying for student financial aid is to complete the Free Application for Federal Student Aid (FAFSA).

Grants for Students - Student educational grants do not have to be repaid, and may be based on financial need, merit or a variety of other factors.

Scholarships - Ideas for researching scholarships offered by colleges, the military and private organizations.

Student Loan Repayment Programs - If you are having trouble making your monthly student loan payment, learn more about your student loan repayment options.

Student Loans - Basic explanation of the main types of student loans available, including Stafford loans, Perkins loans, parent loans and private loans.


GreenPath Financial Wellness is a third-party partner to Knoxville TVA Employees Credit Union. Must be a Member in order to receive free assistance. These services are optional and are not an obligation or guarantee by Knoxville TVA Employees Credit Union or its affiliates. GreenPath Financial Wellness is a trademark of GreenPath, Inc.