Loan Management

  • Manage All your loans in one place. One log in. From Anywhere. Anytime.
  • Sort by interest rate or balance
  • Set it and forget it. Set up recurring payments.
  • Take years off your loans and live the life you studied for™
  • Get ahead faster without working harder.

Loan Management: Pay ALL your student loans in ONE place.

We make it simpler but keep YOU in control. SLOAN makes it easy to track and manage your student debt. Manage all your loans from an intuitive dashboard, calculate interest and pay your loans off in the order you choose.

Pay back loans automatically with one-time, weekly or monthly payment options. Or pay as you wish. Highest interest rate first. Snowball method. Your choice! SLOAN gives you tons of ways to save and pay off college debt.

To cover the cost of simplifying your loans, we charge only 99 cents/loan payment.

Aren’t you smart to find an app that makes your life easier?

Loan Guidance/Tips

  • Student loan repayment calculator
  • Take the guidance quiz: use to determine fastest way to pay off loans: snowball method or avalanche method
  • Free E-book Download: Student Loan 101: Degrees without Burden

Loan Guidance/Tips

Sloan sprinkles loan guidance and tips throughout the app because we want our customers to pay off their loans faster! Our loan calculator helps you decide what an extra $5 payment can do to take years off your loan. . .use our tools to see if snowball or avalanche method is best for you. . .

Round-Ups

  • Round-Up your spare change on everyday purchases to accumulate extra payments ease
  • Round-Ups on as many debit/checking accounts as you wish
  • Apply to any of your student loan payments however/whenever you wish
  • Parents and other loved ones can send you their Round-Ups too!

Round-Ups: Pay down your loans without it affecting your budget.

As you spend money on normal purchases, like gas or coffee, we apply the difference to your SLOAN account. For the convenience of moving your Round-Ups, we charge only 50 cents for each $5 Round-Up transfer.

Items Purchased Round-Up Value
Coffee: $3.57 $0.43
Gas: $24.09 $0.81
Venmo: $1.02 $0.98
Groceries: $56.23 $0.77
Fast Food: $7.11 $0.89
Bookstore: $11.12 $0.88
Gym Membership: $49.50 $0.50
Total Round-Up Value: $5.26

This amount will be transferred to your FDIC-insured SLOAN account each time it reaches $5.

It’s that easy? Yes! Spend $2.45 on your next cup of coffee and you just put $0.55 towards your student loan. Round-Ups eat away at your debt without you even noticing.

Round-Ups can be done as many checking and debit accounts as you wish and apply to any of your student loan payments. To speed up payments even more, Round-Ups can be added from parents or loved ones too.

Round-Ups From Others

  • Anyone can Round-Up spare change on everyday purchases to accumulate extra payments for a Sloan user’s student loans
  • Round-Ups on as many debit/checking accounts as you wish
  • The Sloan user can apply the Round-Up funds to any student loan payments
  • Set it and forget it! Giving is easy and means a lot to the recipient without hurting your personal budget
  • Contributors can rest assured that their contribution MUST go to a student loan payment (it can’t be withdrawn for any other reason like car payment, beer money or a new dress—it has to go towards a student loan)

Round-Ups from Others

Have someone who wants to apply their Round Ups to your account? Yep! SLOAN does that! Now your parents, friends, and other loved ones can HELP you pay down your loans without affecting their budget TOO! For the convenience of moving your Round-Ups, we charge only 50 cents for each $5 Round-Up transfer.

Contributors can rest assured that their contribution MUST go to a student loan payment (it can’t be withdrawn for any other reason like car payment, beer money or a new dress—it must go towards a student loan).

Parents/Contributors Make Direct Payments on their behalf

  • If they have a Sloan account, ask them to send you a SloanMe link and contribute a one-time student loan payment as a gift for birthday, wedding, holiday or just because.
  • You don’t need to know the student loan details, just search the Sloan user website or ask your user to send you a SloanMe link. Don’t see them... invite them to download Sloan here
  • Give one-time payments or recurring payments
  • You can rest assured that your contribution MUST go to a student loan payment (it can’t be withdrawn for any other reason like car payment, beer money or a new dress—it must go towards a student loan)

Parents/Loved Ones: Want to Help Someone with Loans?

Parents, family, loved ones can use SLOAN to easily pay towards someone else’s student loan (I’m a parent/loved one and want to start helping now (link)). The contributor doesn’t need to know the student loan details. Just find your borrower in our searchable platform or have them send you THEIR SloanMe link to begin. Rest assured that their contribution MUST go to a student loan payment (it can’t be withdrawn for any other reason like car payment, beer money or a new dress—it has to go towards a student loan). Temptation gone for the borrower... Peace of mind for the giver!

Sloan gives you the ability to help those in need and gives you the confidence that it goes where it should. We could all use a little help with our finances from time to time and this is the easiest way to do it.

You can do direct payments, do Round-Ups on their behalf or buy gift cards for Sloan. They will appreciate whatever you choose as the best method. You’re so generous!

Contribute your Spare Change as Round-Ups to the user of your choice

  • Anyone can Round-Up spare change on everyday purchases to accumulate extra payments for a Sloan user’s student loans
  • Round-Ups on as many debit/checking accounts as you wish
  • The Sloan user can apply the Round-Up funds to any student loan payments
  • Set it and forget it! Giving is easy and means a lot to the recipient without hurting your personal budget
  • Contributors can rest assured that their contribution MUST go to a student loan payment

Give them a SLOAN Gift Card

Crowdfunding: Help From Others

SloanMe Link

  • Invite others with the SloanMe link to contribute to your loans whenever you need
  • Direct payments from others inside the app (just like Venmo)
  • Great for SideHustle payments & tips
  • Great for birthdays, holidays and special events
  • Allows others to find your profile and give on your behalf whenever THEY choose

Sloan Community

  • The minimum requirement to be a part of the Sloan Community is to simply make ONE student loan payment per month.
  • Sloan Community members are eligible for GiveBack! Program. Each week, our GiveBack! Program features a Sloan Community member and allows other users to donate to their student loans (some people have had their entire balance paid off in one day)
  • Sloan Community members are eligible for all Sloan promotions or giveaways
  • Sloan Community members are eligible to receive anonymous gifts from outside donors and charities
  • Sloan Community members are eligible for SloanDeals: save 25-60% off top brands
  • Sloan Community members with public accounts are searchable and can contribution from anonymous givers

Get Help from the SLOAN Community

The Sloan Community is the entire group of Sloan customers who regularly use the app and its benefits. The minimum requirement to be a part of the Sloan Community is to simply make ONE student loan payment per month.

The Sloan Community benefits regular users by promoting them for extra crowdfunding features within our user base and outside the platform as well. How else does it benefit you? You’re eligible for the GiveBack! Program, you get the benefit of SloanDeals, and your eligible for Sloan promotions and giveaways and for outside gifts from anonymous donors and charities.

Sloan Gifts

  • SLOAN Gift Cards: you can purchase here https://sloanapp.myshopify.com
  • Send SloanMe link to anyone or put on any profile for:
    • Wedding Registries
    • Baby Registries
    • Birthdays
    • Holidays
    • Other Life Events

Student Loans as Gifts: Gift Cards or add to your Wedding or Gift Registry

Yep! No one really wants 3 sets of china when they still owe on their student loans! We integrate with most wedding registries OR you can send your SloanMe link on social media anywhere you wish. Most people use their SloanMe link for birthdays, holidays, baby registries and other life events.

Gift cards can be purchased in two ways: either choose to give a physical card that you gift to anyone with a student loan or via a downloadable code that you can email or print yourself. Just purchase direct by clicking here: https://sloanapp.myshopify.com

Federal Restructuring Plans

  • The average borrower saves $326 per month when they restructure within our federal repayment portal
  • This is NOT refinancing. Rest easy - we're helping you find and apply for federal income-driven repayment plans that reduce your payments the most
  • 92% of all student loans are federal student loans. You do not lose federal protections by switching from one federal repayment plan to another
  • Reduce monthly student loan payments, potentially all the way down to $0

Low Your Monthly Payments: Restructure

This isn’t refinancing—it’s a federal restructuring plan within the federal student loan portals. It keeps your loans federally based but allows you to lessen the amount you pay each month.

The CARES Act reduces your monthly student loan payments to $0 through 9/30/21. Use our system to find federal savings programs that reduce your monthly student loan payments, long term. In under 5 minutes, we’ll help you discover, select, and enroll in the right federal savings program, for your unique situation. The average borrower saves over $300 per month when they restructure. It’s free to explore and inexpensive should you decide to enroll.

Employer Benefit Program

  • Payments are deducted from payroll and directly deposited into their employees SLOAN accounts
  • Once deposited, the employee will only be able to apply the funds to their student loan balances and not withdrawn into their personal checking accounts. This guarantees that the benefit plan disbursements are applied to the intended outstanding student loan balances.
  • Employers are eligible to write off up to $5250 per employee. We make this process easier. Interested? Please email us at: support@sloanapp.com

Employer Benefit Program

More and more companies are offering employer student loan repayment programs to help employees pay off their student loans. This benefit gives employers leverage to attract and retain talented workers, and it helps new hires build their careers while paying off student debt.

For Employees: The Contributions from Employer Benefit Plans are directly deposited into their employees SLOAN accounts. Once deposited, the employee will only be able to apply the funds to their student loan balances and not withdrawn into their personal checking accounts. This guarantees that the benefit plan disbursements are applied to the intended outstanding student loan balances.

For Employers: With recent CARES act, employers can now make nontaxable payments of up to $5,250 to employees as student loan repayment assistance. Both employers and employees will avoid federal payroll taxes on qualifying payments, and employees will save on federal income taxes that would otherwise apply.

We make this process easier by integrating with your payroll system and allowing employees to apply payments through the app. Interested? Please email us at: benefits@sloanapp.com

SloanDeals

  • Save 25-60% off top brands
  • Exclusive to Sloan customers

SloanDeals and Discounts

We want to make sure you can Live the Life You Studied For (TM)! We have companies that support the cause—they want to help eliminate student loan debt too! So, they’ve agreed to give their best prices to SLOAN customers. Generally this equates to 25-60% off each brand. What is your cost? It’s free—after making one payment per month, you automatically unlock the deals. Woot! Woot!