Education Financing Options
When savings and federal aid don’t cover all your education expenses, additional lending options like a CHOICEquity home equity line of credit from M&T Bank or a Smart Option Student Loan from Sallie Mae® can help you bridge the gap.
Expand Your Education Financing Options
After carefully exploring your college financing options – such as federal student aid, scholarships, grants, etc. – you may find that there is still a need for additional college financing. That's where M&T Bank can help, below are ways to find a solution to your student lending needs.
Smart Option Student Loan® by Sallie Mae®
For college expenses not covered by scholarships and federal loans, M&T Bank has partnered with Sallie Mae® to bring you loans with great repayment options and competitive rates.
Parent Loan for M&T Bank by Sallie Mae®
If you're looking to pay for all or part of your student's education, M&T Bank has partnered with Sallie Mae® to offer you the Parent Loan which features competitive interest rates and the flexibility of two repayment options. Any creditworthy individual – parent, grandparents, aunts, uncles, spouses, and guardians – can help a student achieve their dream of college.
M&T Bank CHOICEquity Home Equity Line of Credit
You can apply for an M&T CHOICEquity Account to help pay for school. This way, you can have the flexibility to choose how and when you use the funds, as well as take advantage of the competitive rate. You can also use this line of credit to purchase a car, to buy books and other supplies for your college student, or for other purchases that are important to you.
M&T Bank Scholarship Search Powered by Sallie Mae®
Still looking for scholarship opportunities? Register and create your profile to get matched to scholarships that are a good fit for you. You’ll receive detailed information on each matched scholarship (deadlines, requirements, and award amounts) and you’ll receive email alerts when new scholarship matches are posted. Remember, scholarships aren’t just for first-year college students – apply every year.