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healthier returns check through Sallie Mae

Discussion in 'General Residency Issues' started by organicmatter, Jul 22, 2006.

  1. organicmatter

    organicmatter Member
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    So I received this rather fat check in the mail from Sallie Mae. As I understand it, through the healthier returns program, graduates receive a check for 3.5% of the principal amount of their loan. What I don't recall is what the catch is. Anyone?
     
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  3. angel80

    angel80 Senior Member
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    The had an origination fee of 3%. Most other companies don't have an origination fee. Basically, they take some of your money up front, probably invest it somewhere, and then pay you back.
     
  4. Nerdoscience

    Nerdoscience Senior Member
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    I think they made you sign up for the online account thing to get that.
     

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