3
Jun

If you are a US student coming to IE, please note the following change in lending/credit assessment policy on the part of Sallie Mae:

“For credit checks completed from June 1st onward, they will only be valid for 120 days after the student submits the application. For the application to be successful, the loan needs to have the first disbursement scheduled within 120 days of the date of the students signature ( the date of our credit check).”

Please factor this in when applying for loans as if you apply more than 120 days before your program, than the application will in the end have to be cancelled and reapplied for closer to your program start date.

Please keep in mind as well that you may need to use other funds to make your place reservation well in advance of your start date, since Sallie Mae funds are never released to the institution more than 30 days before start date.  Place reservations paid by you the student guarantee your spot in a given program and intake. 

For more information contact the IE Offices in New York, Los Angeles or Miami (see: www.ie.edu/offices) or IE Financial Aid at financialaid@ie.edu.

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