What does sallie mae mean?
Definitions for sallie mae
ˈsæl i ˈmeɪsal·lie mae
This dictionary definitions page includes all the possible meanings, example usage and translations of the word sallie mae.
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Wikipedia
Sallie Mae
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 the early 1970s. At first, it was a government entity that serviced federal education loans. It then became private and started offering private student loans, although at one point it had a contract to service federal loans. The company's primary business is creating, servicing, and collecting private education loans. The company also provides online tools and resources for college planning. Sallie Mae previously originated federally guaranteed student loans under the Federal Family Education Loan Program (FFELP) and worked as a servicer and collector of federal student loans on behalf of the Department of Education. The company now offers private education loans and manages more than $12.97 billion in assets. On April 30, 2014, Sallie Mae spun off its loan servicing operation and most of its loan portfolio into a separate, publicly traded entity called Navient Corporation. Navient is the largest servicer of federal student loans and acts as a collector on behalf of the Department of Education.
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sallie mae
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Numerology
Chaldean Numerology
The numerical value of sallie mae in Chaldean Numerology is: 8
Pythagorean Numerology
The numerical value of sallie mae in Pythagorean Numerology is: 5
Examples of sallie mae in a Sentence
There is no doubt the Rubio family has come a long way from the days when their largest monthly expense was a check to Sallie Mae and checks were sent in the mail to pay bills with the hope the payment did not arrive before the next paycheck was deposited into their account.
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Translations for sallie mae
From our Multilingual Translation Dictionary
- sallie maeGerman
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"sallie mae." Definitions.net. STANDS4 LLC, 2024. Web. 17 Apr. 2024. <https://www.definitions.net/definition/sallie+mae>.
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