Is Sallie Mae figuratively speaking government otherwise personal?

Is Sallie Mae figuratively speaking government otherwise personal? People get approved for private student loans, nevertheless the procedure could be more hard than with federal of them. Commonly, this type of money want proof of earnings or centered borrowing from the bank, which of a lot college students do not have. Therefore, an excellent cosigner which have a powerful credit score is normally expected to make certain towards the private financial that the financing is paid off.