SLM CORP (SLM)

Company Profile

SLM Corp. engages in the provision and administration of education loans. The company is headquartered in Newark Delaware, Delaware and currently employs 1,740 full-time employees. The Company’s primary business is to originate and service loans it makes to students and their families to finance the cost of their education. The company also offers a range of deposit products insured by the Federal Deposit Insurance Corporation. Its primary private education loan product is the Smart Option Student Loan, which emphasizes in-school payment features that can produce shorter terms and reduce customers’ total finance charges. Smart Option Student Loan generally runs for six months after the borrower separates from school but can run for up to 36 months for a small subset of graduate loans. The company also offers six loan products for specific graduate programs of study. These include the Sallie Mae Law School Loan, the Sallie Mae MBA Loan, the Sallie Mae Graduate School Loan for Health Professions, the Sallie Mae Medical School Loan, and others.

Company Info

SLM CORP

300 Continental Drive

Newark Delaware DELAWARE 19713

P: 13022838000

CEO: Jonathan W. Witter

Employees: 1740

Website: https://www.salliemae.com/