Sallie Mae

Sallie Mae is an American corporation that originates, services, and collects student loans.

Sallie Mae is an American corporation that originates, services, and collects student loans. The company’s service portfolio includes government guaranteed student loans, private student loans, K-12 loans, money market accounts, high yield savings accounts, insurance services, and college saving plans. Sallie Mae operates servicing centers in Gilbert, Arizona; Indianapolis, Indiana; Muncie, Indiana; Mount Laurel, New Jersey; Wilkes-Barre, Pennsylvania; Killeen, Texas, Baguio, Philippines, and Whitewater, Wisconsin, as well as 71 other offices around the United States, and employs over 6600 individuals. The corporation is listed on both the Fortune 500 and the Forbes Global 2000. Sallie Mae has also made numerous acquisitions that include Academic Management Corp, First Trust Financial, General Revenue Corporation, Student Assistance Corporation, Upromise, Nellie Mae, and more. Sallie Mae was established in 1972 and is headquartered in Newark, Delaware, United States.