SLM Corporation (commonly known as Sallie Mae; originally the Student Loan Marketing Association) is a publicly traded U.S. corporation that provides consumer banking. Its nature has changed dramatically since it was set up in the early 1970s; initially a government entity that serviced federal education loans, it then became private and began offering private student loans.
The company's primary business is creating, servicing, and collecting private education loans. The company also provides online tools and resources for college planning. Sallie Mae previously originated federally guaranteed student loans under the Federal Family Education Loan Program (FFELP)[5] and worked as a servicer and collector of federal student loans on behalf of the Department of Education. The company now offers private education loans and manages more than $12.97 billion in assets.
On April 30, 2014, Sallie Mae spun off its loan servicing operation and most of its loan portfolio into a separate, publicly traded entity called Navient Corporation. Navient is the largest servicer of federal student loans and acts as a collector on behalf of the Department of Education.
^"Sallie Mae Bank CD Rates". Forbes. Retrieved 27 August 2021.
^"Sallie Mae". Sallie Mae. Retrieved 27 August 2021.
^"This credit card will let you earn rewards to pay off your student loans - but is it a good deal?". MarketWatch. Retrieved 27 August 2021.
SLM Corporation (commonly known as SallieMae; originally the Student Loan Marketing Association) is a publicly traded U.S. corporation that provides consumer...
debtors, the company was formed in 2014 by the split of SallieMae into two distinct entities: SallieMae Bank and Navient. Navient employs 6,000 people at...
Geffen A&M. Thomas released a five-song EP titled Dear SallieMae on October 8, 2013. Dear SallieMae (EP) (2013) The Bad Influence (2014) Up in Smoke (EP)...
lenders contract with SallieMae for servicing and loan acquisition; others have no contractual relationships with SallieMae. Post-secondary institutions...
star Jesse Williams. In 2023, Scholly was acquired by educational lender SallieMae for an undisclosed sum. The app, which was previously $2.99 USD to download...
major government loan program was the Student Loan Marketing Association (SallieMae), formed in 1973.[clarification needed] Before 2010, federal loans included:...
Anthony Paul Jefferies (born July 1, 1985), preferably Paul Jefferies and known professionally as Nineteen85, is a Canadian record producer and songwriter...
marketing and senior account executive for higher-education marketing at SallieMae. He resides in Cherry Hill, New Jersey, with his wife Janet and two children...
into Agreement to Acquire 529 Plan Administration Business from SallieMae | SallieMae Online Newsroom". news.salliemae.com. Retrieved 2016-08-19. Anderson...
providers, including The College Board, EduCap, Nelnet, Citibank, and SallieMae. The New York Times reported in August 2007 that Jon Bruning, Nebraska...
band Sallie House, historic house located in Atchison, Kansas, U.S. Sallie Ann Jarrett, canine mascot of the 11th Pennsylvania Infantry SallieMae, a publicly...
loan lending giant SallieMae in the United States District Court for the District of Connecticut. The class alleged that SallieMae discriminated against...
service active as part of the purchase. In 2017, Chegg partnered with SallieMae to provide student borrowers access to Chegg Tutors. In late 2020, Chegg...
Wiktionary, the free dictionary. SLM may refer to: SLM Corporation, or SallieMae, an American student loan company Swiss Locomotive and Machine Works,...
purchased another $5 million in stock. Fannie Mae Farm Credit System Freddie Mac Ginnie MaeSallieMae "Fannie Mae, Meet Farmer Mac". New York Times. 3 Oct...
asked to have the child moved back only weeks later. He was awarded the SallieMae First Class Teacher of the Year in 1997. Cohen later taught second grade...
Financial Institutions Group. At UBS, he worked on such transactions as SallieMae's attempt to go private and subsequent recapitalization; ABN Amro's $21...
Human Services, above Student Loan Marketing Association (SLMA or SallieMae) SallieMae has been fully privatized and is no longer administered by the federal...
this was the planned acquisition of SLM Corporation (formerly known as SallieMae) by a group including Bank of America and JPMorgan Chase. In the United...
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