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Sallie Mae
Sallie Mae

Sallie Mae

Sallie Mae, legally SLM Corporation, is a Newark, Delaware consumer bank focused on private student loans and savings.

HQ
Newark, DE, US
Founded
1972
Overview
Analysis
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Sallie Mae, the consumer brand of SLM Corporation, is a Newark, Delaware financial company that originates and services private education loans. Its lending line covers undergraduate, graduate, career-training, parent, and health-professions borrowing, while its deposit line offers high-yield savings, money market, and certificate-of-deposit accounts.

Loans and deposit products are made and offered through Sallie Mae Bank, an FDIC-insured bank subsidiary. The company also publishes college-planning research and runs scholarship programs for students and families.

Sallie Mae - Products & Services

  • Sallie Mae Student Loans logo

    Sallie Mae Student Loans

    Sallie Mae Student Loans provides private education financing for undergraduate, graduate, professional, and career-training programs.

    Competing Products

    Ascent Funding logo
    Earnest logo
    SoFi logo

Sallie Mae - Similar Companies

Ascent Funding logo

Ascent Funding

ascentfunding.com

SoFi logo

SoFi

sofi.com

Nelnet logo

Nelnet

nelnet.net

College Loan logo

College Loan

collegeloan.com

Discover Financial Services logo

Discover Financial Services

discover.com

loanDepot logo

loanDepot

loandepot.com

Sloan logo

Sloan

Splash Financial logo

Splash Financial

Upstart logo

Upstart

upstart.com

StudentFinance logo

StudentFinance

studentfinance.com

Mpower Financing logo

Mpower Financing

Sallie Mae - Quick Facts

Who are Sallie Mae's competitors?

Companies similar to Sallie Mae include Ascent Funding, SoFi, Nelnet and College Loan.

When was Sallie Mae founded?

Sallie Mae was founded in 1972.

Where is Sallie Mae's headquarters located?

Sallie Mae's headquarters is located in Newark, DE, US.

How many employees does Sallie Mae have?

Sallie Mae has 3,193 employees as of Sep 28, 2026.

Sallie Mae - Classification

NAICS
  • 522200Nondepository Credit Intermediation
  • 522290Other Nondepository Credit Intermediation
  • 522299International, Secondary Market, and All Other Nondepository Credit Intermediation
  • 520000Finance and Insurance
  • 522000Credit Intermediation and Related Activities
SIC
  • 6100Nondepository Credit Institutions
  • 6140Personal Credit Institutions
  • 6141Personal Credit Institutions
ISIC
  • 6492Other credit granting
Show 17 more industry codes
NAICS
  • 522210Credit Card Issuing
  • 522220Sales Financing
  • 522291Consumer Lending
  • 522310Mortgage and Nonmortgage Loan Brokers
  • 522100Depository Credit Intermediation
  • 522300Activities Related to Credit Intermediation
  • 522110Commercial Banking
SIC
  • 6160Mortgage Bankers And Brokers
  • 6163Loan Brokers
  • 5000Wholesale Trade-durable Goods
  • 6000Depository Institutions
  • 8700Engineering, Accounting, Research, Management, And Related Services
  • 6020Commercial Banks
  • 8740Management And Public Relations Services
  • 6021National Commercial Banks
  • 8742Management Consulting Services
ISIC
  • 6419Other monetary intermediation