Sallie Mae Competitors, Revenue, Alternatives and Pricing

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Overview

Location:
Brookside, DE USA
Total Funding:N/A
Industry:Finance
Founded:1972
Lead Investor(s):N/A

Employee Data

  • Sallie Mae has 3408 Employees.(?)
  • Sallie Mae currently has 1 job openings.

SLM Corporation (NYSE: SLM), commonly known as Sallie Mae, is the nation's leading provider of education funding, managing nearly $81 billion in student loans for more than 7 million borrowers. The company primarily provides federally guaranteed student loans originated under the Federal Family Education Loan Program (FFELP), & offers comprehensive information and resources to guide students, parents & guidance professionals through the financial aid process. Celebrating its 30th anniversary this year, the company opened its doors in May 1973 as a govt-sponsored enterprise (GSE) called the Student Loan Marketing Association, & began the privatization process in 1997. Since then, Sallie Mae's parent company name has changed, most recently to SLM Corporation.Through its specialized subsidiaries & divisions, the company also provides an array of consumer credit loans, including those for lifelong learning & K-12 education, & biz & technical outsourcing services for colleges & universities. More information is available at http://www.salliemae.com. SLM Corporation & its subsidiaries, other than the Student Loan Marketing Association, are not sponsored by or agencies of the US.

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