SLM Profile
SLM Corporation, headquartered in Newark, Delaware, operates as a key player in the education finance sector through its subsidiaries. Established in 1972 and formerly known as New BLC Corporation, the company rebranded to SLM Corporation in December 2013.
Primarily focused on supporting students and their families, SLM Corporation specializes in originating and servicing private education loans aimed at financing the costs associated with higher education across the United States. In addition to private education loans, the company offers retail deposit products, including certificates of deposit, money market deposit accounts, and high-yield savings accounts, catering to a diverse customer base.
SLM Corporation also engages in providing credit card loans and omnibus accounts, further expanding its financial services portfolio. The company serves its clientele by facilitating access to financial aid, federal loans, and a range of resources designed to support both students and their families in managing educational expenses effectively.
Committed to enhancing educational opportunities and financial literacy, SLM Corporation continues to play a pivotal role in the education financing industry. With a robust presence and a comprehensive suite of financial solutions, the company remains dedicated to empowering students and families to achieve their educational aspirations while fostering long-term financial well-being.
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