SLM Corporation

SLM Corporation is a publicly traded U.S. corporation that provides consumer banking. Its nature has changed dramatically since it was set up in 1973. At first, it was a government entity that serviced federal education loans.

SLM Corporation, more commonly known as Sallie Mae, is a saving, planning and paying for college company. It seeks to equip aspiring minds to create the lives they imagine by helping families achieve the dream of a higher education. SLM’s tools, resources and financing have helped more than 35 million Americans pay for college.