What does Sallie Mae do?
With products like private student loans, credit cards, and savings accounts—plus our financial tools, resources, and information—we empower people to do great things. Sallie Mae helped me to be the first college graduate in my family and the first to pursue a master’s degree.
What are the Sallie Mae hours of Operation?
Monday–Friday: 10 a.m. to 7 p.m. ET Pay your bill and manage your account from virtually anywhere with the Sallie Mae Credit Card App and online at salliemae.com Monday–Friday: 10 a.m. to 7 p.m. ET All Sallie Mae personal loans were transferred to SMB-FA Consumer on May 18, 2021.
Is the Sallie Mae logo a registered trademark?
Sallie Mae, the Sallie Mae logo, and other Sallie Mae names and logos are service marks or registered service marks of Sallie Mae Bank. All other names and logos used are the trademarks or service marks of their respective owners.
Who is the CEO of Sallie Mae?
Jonathan (Jon) Witter is chief executive officer of Sallie Mae and is a member of the company’s board of directors. An industry veteran, Jon brings nearly three decades of executive leadership, banking expertise, and operational management to the company.
Sallie Mae currently offers private student loans for undergraduate, career training and graduate programs. It also provides parent loans and is one of the few lenders to offer loans to part-time students.
Is Sallie Mae a real person?
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 1973….Sallie Mae.
|Trade name||Sallie Mae|
|Headquarters||Newark, Delaware, U.S.|
Is Sallie Mae government or private?
Sallie Mae is a company that currently offers private student loans.
Who is the largest provider of student loans?
Federal Student Aid, a part of the U.S. Department of Education, is the largest provider of student financial aid in the nation. At the office of Federal Student Aid, our more than 1,300 employees help make college education possible for more than 13 million students each year.
Is Sallie Mae part of Fannie Mae?
Sallie Mae is just one of these organizations with similar names, like Freddie Mac, Ginnie Mae, and Fannie Mae, that were chartered as apart of the larger apparatus meant to ensure positive rights to all American citizens.
Is Sallie Mae a legit student loan?
Yes, Sallie Mae is a legitimate and well established student loan provider. Historically it managed both private and federal government-backed loans. However, in 2013 the company split into 2 different companies: Sallie Mae and Navient. This is because of a 2010 law that changed how federal-government backed loans worked.
Is Sallie Mae considered a federal loan?
SLM Corporation (SLM), more commonly known as Sallie Mae, is a public corporation and a private-sector lender, so its direct loans are not federal loans. Basically, federal student loans consist of funds that are provided by the U.S. government, while private student loans come from entities such as banks and other financial institutions.
Is Sallie Mae a federal or private loan?
When you hear the name Sallie Mae, you probably think of student loans. There’s a good reason for that; Sallie Mae has a long history, during which time it has provided both federal and private student loans. However, as of 2014, all of Sallie Mae’s student loans are private, and its federal loans have been sold to another servicer.
Does Sallie Mae offer personal loans?
Though there are no Sallie Mae personal loans available for the foreseeable future, the lender does have other types of financial products available. They offer student loans and credit cards, along with savings accounts and college planning resources. There are plenty of other lenders to look to for alternatives to a Sallie Mae personal loan, too.