Sallie Mae

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Sallie Mae (Student Loan Market Association)
n. (Finance) United States corporation specializing in buying student loans from lenders and reselling them on the secondary market (helps ensure a constant supply of available funds for student loans)


Wikipedia English The Free EncyclopediaDownload this dictionary
SLM Corporation
SLM Corporation  NYSE: SLM, commonly known as Sallie Mae, is the United States' largest college student loan company, managing more than $126.9 billion in debt for more than 10 million borrowers, and employing 12,000 individuals at offices nationwide. The company primarily provides federally guaranteed student loans originated under the Federal Family Education Loan Program (FFELP) and offers resources to assist students, parents, and guidance professionals with the financial aid process.
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Campbell R. Harvey's Hypertextual Finance DictionaryDownload this dictionary
Sallie Mae
See: Student Loan Marketing Association.

Copyright © 2000, Campbell R. Harvey. All Rights Reserved.

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