SLM Corporation


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SLM Corporation,

foremost provider of funding for higher education to American students; commonly known as Sallie Mae. The company, which also offers information and resources to assist students and others in obtaining funding, had a portfolio of some $127 billion in managed student loans by the early 21st cent. The majority of those loans were federally guaranteed. The SLM Corp. also has a number of educational and finance-related subsidiaries and sponsors the Sallie Mae Fund, a charitable organization that promotes access to higher education. The company is headquartered in Reston, Va. Created in 1972 as the Student Loan Marketing Association (SLMA), it was originally a government-sponsored entity. Privatization was initiated in 1997 and finalized in 2004, when Sallie Mae cut all ties to the federal government.
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With the acquisition, Discover will beef up its presence in the private student loan market, it said in a separate statement.Country: , USASector: Banking/Financial ServicesTarget: The Student Loan CorporationBuyer: SLM Corporation , Discover Financial ServicesVendor: Citigroup IncDeal size in USD: 600mType: DivestmentStatus: Closed
Collateral Performance: All trusts are collateralized by private student loans, originated by SLM Corporation (BB+/Stable/B).
The study, conducted by Navient, Wilmington, Del., a Sallie Mae (SLM Corporation) spinoff that is a loan management, servicing, and asset recovery company, and Ipsos, Paris, France, a global market research firm, collected employment information, income data, amount and types of debt, and amount of savings, as well as attitudinal and behavioral predispositions, to determine how young adults are faring financially in the years following the Great Recession.
SLM Corporation (SLM), or Sallie Mae, has launched its USD812.35m bond transaction, Dow Jones has reported.
Noel-Levitz has offices in Denver, Iowa City, and Guelph, Ontario, and is a division of SLM Corporation, commonly known as Sallie Mae.
SLM Corporation (Sallie Mae) (Nasdaq:SLM) on Tuesday reported that its 2019 annual stockholders' meeting will take place on 20 June 2019 at 11:00 EDT.
Sallie Mae (NASDAQ: SLM), formally SLM Corporation, a United States' saving, planning, and paying for college company, has said that it has declared a cash dividend of USD1.0204967 per share on its Series B preferred stock for the fourth quarter of 2018.
New York: Fitch Ratings has upgraded the Long-Term Issuer Default Ratings (IDRs) of SLM Corporation (SLM) and Sallie Mae Bank to 'BB+' from 'BB'.
SLM Corporation (NYSE: SLM), or Sallie Mae, is planning to launch a USD812.35m asset-backed bond, Dow Jones has reported, citing a person familiar with the matter.