A company that provides consolidation and servicing for student loans originated under the Federal Family Education Loan Program. Created by Congress in 1972 as a government-sponsored enterprise (GSE), Sallie Mae became a private corporation in 2004.

(Formerly known as SLMA or the Student Loan Marketing Association) The nation's largest secondary market and holds approximately one third of all educational loans.

Sallie Mae is the nation's leading provider of education loans. It has been helping students primarily with federally guaranteed student loans originated under the Federal Family Education Loan Program (FFELP). Learn more at www.salliemae.com.

See:  AGENCIES.