NEA Student Loans Loans by Sallie Mae® NEA® Graduate Loans by Sallie Mae® Get competitive rates, multiple repayment options and an exclusive 0.25 percentage point interest rate reduction* just for NEA members. When scholarships, grants and federal loans don’t meet the full cost of a graduate education, a private loan can help bridge the gap. NEA® Parent Loan by Sallie Mae® Get competitive rates and an exclusive 0.25 percentage point interest rate reduction* just for NEA members. Give the gift of education with the NEA Parent Loan by Sallie Mae, to pay for the expenses that scholarships, grants and federal loans may not cover. NEA® Smart Option Student Loan® by Sallie Mae® Get a flexible student loan with an exclusive 0.25 percentage point interest rate reduction* to help pay for expenses financial aid may not cover. This student loan can help you or your student focus on learning—with less financial stress.