Define Sallie Mae

Sallie Mae. Sallie Mae guarantees repayment of the bonds and notes, and uses the money it raises through the sale of these securities to provide additional loan money for post-secondary school students. sallie mae also arranges financing for state student loan agencies. Its shares trade on the New York Stock Exchange (NYSE).

Sallie Mae in Finance. (Finance: General) Sallie is a publicly traded company that provides and trades in student loans . Sallie Mae, the largest student loan provider, has just announced that it will charge fees for loan applications. Sallie Mae, America’s leading provider of education loans, owns or manages approximately $100 billion in student.

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Define Sallie Mae. Sallie Mae synonyms, Sallie Mae pronunciation, Sallie Mae translation, English dictionary definition of Sallie Mae. n. a government-chartered private corporation that makes available low-cost student loans by purchasing loans from lending institutions

Other surveys have found that the share parents contribute to the cost of college has been falling steadily; an annual Sallie Mae report found that parents. aid officers can ‘override’ the usual.

Fannie Mae First Time Home Buyer Buyers with total closing costs under 3% will not receive the difference as a credit. Example: Sales price = $100,000 and 3% is negotiated. The total closing costs and education fee = $3,000; Buyer must be a First-time homebuyer (did not own a property in the past three years).

Top definition Sallie Mae unknown The feudal overlord of thousands of naive and idealistic American college students who were susceptible to visions of grandeur about a great-paying job over the rainbow once they have a degree.

Within days of the government’s 2008 bailout of sallie mae (slm) and Freddie Mac (FRE), the media began. A more useful, traditional definition of socialism holds that a socialist system must.

Sallie Mae financial definition of Sallie Mae – Sallie Mae See: Student Loan Marketing Association Sallie Mae The Student Loan marketing association (slma). A publicly-traded company chartered by the U.S. Congress to guarantee student loans and to provide a secondary market for student loans made by other lenders.

Speaking recently to Fortune in his office, from whose half-moon windows he can look down on Pennsylvania Avenue, he dwelled on the primacy of his work: "This is how I define myself. 26 billion.

Sallie Mae – student loan marketing association Definition Sallie Mae is a government- sponsored corporation which was formed in 1972 to cater for students loans. This corporation offers student loans, private education loans, free college planning tools among others for students.