Student Loan Marketing Association


Sallie Mae. A federally established, publicly traded corporation which buys student loans from colleges and other lenders, pools them and sells them to investors. In this way, Sallie Mae is able to provide financing to providers of student loans.
Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
agency bond U.S. Government Agency Security