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If you took out a student loan with Sallie Mae before 2014, there’s a chance it was a federal student loan under the now-defunct Federal Family Education Loan Program (FFELP). Currently, Sallie ...
The Sallie Mae scholarship is an easy way for current college students to potentially win tuition money as Sallie Mae’s goal is to help students successfully navigate financing college.
After the Boston Globe published an article critical of Sallie Mae's failure to discharge the private student loans of a Marine killed in action, Sallie Mae launched a new student loan program with death and disability discharges similar to those available on federal student loans. [17]
Sallie Mae Celebrates November's National Scholarship Month with Easy Tips to Help Students Score Extra Money for College Upromise by Sallie Mae Offers a Chance to Win $150,000 Scholarship to ...
The US first major government loan program was the Student Loan Marketing Association (Sallie Mae), formed in 1973. [19] [clarification needed] Before 2010, federal loans included: loans originated and funded directly by the Department of Education (ED) government guaranteed loans originated and funded by private investors.
In the FFEL Program, private lenders made federally guaranteed student loans to parents and students. Commercial lenders (e.g. Sallie Mae; now Navient) would use their private capital to finance loans under the FFELP but received subsidies from the federal government. [1]
Upromise by Sallie Mae Launches 'Make the Pledge, Keep the Promise' and Will Award a $150,000 Full Ride to College Pledge to Save for College and You Could Win NEWARK, Del.--(BUSINESS WIRE)-- The ...
Navient was chartered in 1972 as a Government-Sponsored Enterprise (GSE) called Student Loan Marketing Association (nicknamed Sallie Mae). [4] [5] The company was created by Congress to support the student loan program established by the Higher Education Act of 1965. [6]
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