SLM Corporation, doing business as Sallie Mae, is a U.S.-based financial services company specializing in education finance. Traded on the NASDAQ under the ticker SLMBP, the company is best known for offering private student loans and related services to borrowers across the United States. Through its flagship brand, Sallie Mae provides a range of credit products designed to help students and families cover the cost of higher education, from undergraduate and graduate study to career training programs.
In addition to student lending, SLM operates Sallie Mae Bank, a digital banking platform that offers high-yield savings accounts, certificates of deposit and checking accounts. The company leverages online tools and educational resources to help customers manage their finances, plan for future expenses and make informed borrowing decisions. Sallie Mae’s lending products include in-school loans, graduate loans, career training loans and refinancing options, each structured with flexible repayment choices to accommodate different borrower needs.
Originally established by the U.S. Congress in 1972 as a government-sponsored enterprise, Sallie Mae was privatized in 2004 and has since transitioned into a diversified consumer banking organization. Headquartered in Newark, Delaware, the firm focuses exclusively on the U.S. market, serving millions of students and families through partnerships with colleges, universities and state agencies. The company is guided by an experienced executive leadership team and a board of directors committed to expanding access to education financing solutions.
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