Sallie Mae?, the nation's leading provider of student loans and administrator of college savings plans, has helped millions of Americans achieve their dream of a higher education. The company primarily provides federal and private student loans, including consolidation loans, for undergraduate and graduate students and their parents.
In addition, Sallie Mae offers comprehensive information and resources to assist students, parents, and guidance professionals with the financial aid process. Sallie Mae owns or manages student loans for nearly 10 million customers, administers more than $18 billion in college savings accounts for 1 million customers through its Upromise subsidiary and employs approximately 12,000 individuals at offices nationwide.
Sallie Mae was originally created in 1972 as a government-sponsored entity (GSE).
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