SLM Corporation is a consumer banking business that provides products to help American families save, plan, and pay for college. Originally a Government-Sponsored Enterprise (GSE) created in 1972, it became a fully privatized company in 2004. Today, its primary business is originating and servicing private education loans through its subsidiary, Sallie Mae Bank. The company's mission is to empower families to create the life they imagine by providing responsible financing options, free planning tools, and other resources for higher education.

Founded in

United States