Corporate America, the $3.7 billion Irondale, Ala., corporatecredit union, has announced a partnership with Sallie Mae to offer credit unions private student loans.

Said Corporate America in a statement, “The Smart Option StudentLoan assists families as they cover the rising cost of collegetuition and offers degree-seeking students interest rates that areamong the lowest in the nation as well as in-school payment choicesto help them graduate with less debt.”

Designed to supplement other forms of student financial aid, theaim of the Smart Option Student Loan program is to help studentscover 100% of the cost of their education in many instances, saidCorporate America.

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