Key takeaways All Sallie Mae loans taken out since 2014 are private. The best way to determine if you have federal or private student loans is to check studentaid.gov. If you need to borrow money for college, exhaust federal student loans before taking out a private student loan. All new Sallie Mae loans are private….

Cecilia Clark is a writer at NerdWallet. Email: cclark@nerdwallet.com.

The article Is Sallie Mae a Federal or Private Loan? originally appeared on NerdWallet.

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