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SLM Corporation - SLM STOCK NEWS

Welcome to our dedicated page for SLM Corporation news (Ticker: SLM), a resource for investors and traders seeking the latest updates and insights on SLM Corporation stock.

SLM Corporation (NASDAQ: SLM), widely known as Sallie Mae, is a leading financial services company in the United States, specializing in saving, planning, and paying for college education. Founded with the mission to provide students and families with tools to achieve their educational goals, Sallie Mae offers a range of products and services aimed at promoting responsible personal finance.

Sallie Mae's core business revolves around private education loans, catering to students who need financial assistance beyond federal loan programs. As the largest student lender in the nation, the company plays a pivotal role in the education financing sector, making and holding student loans through both the guaranteed Federal Family Education Loan Program and private channels.

In addition to their loan services, Sallie Mae provides valuable financial planning tools and resources. These include the Upromise rewards program, which offers cashback on everyday purchases to help families save for college, and a comprehensive scholarship search tool designed to aid students in finding additional funding opportunities. The company also runs college savings programs that encourage families to start planning for education costs early.

Moreover, Sallie Mae engages in debt-management operations, offering accounts receivable and collections services to support effective financial management. Their online retail banking services further extend their commitment to fostering financial literacy and responsibility among their customers.

Recent achievements highlight Sallie Mae's ongoing dedication to innovation and customer service. The company has launched several new initiatives to enhance user experience and streamline the loan application process. Financially, Sallie Mae remains robust, demonstrating consistent performance through strategic partnerships and a diversified portfolio of services.

Despite common misconceptions, SLM Corporation and its subsidiaries operate independently and are not sponsored by or agencies of the United States government. This independence allows Sallie Mae to tailor its products and services to better meet the needs of its clientele.

For those seeking the latest updates and relevant information about Sallie Mae's performance, events, and developments, staying informed through their official website and news releases is highly recommended. Learn more about their offerings and latest news at salliemae.com.

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Sallie Mae (Nasdaq: SLM) will publish its third-quarter financial results on October 20, 2021, post-market. A live audio webcast and presentation will follow on October 21 at 8 a.m. ET. Investors can access earnings details via the investor relations website. Pre-registration for the conference call is available, and a replay will be accessible two hours after the event. Sallie Mae is a leader in private student lending, facilitating access to education and lifelong learning.

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Just 68% of College Families Filed the FAFSA Last Year, with many citing the form’s complexity and time required. Families missed out on over $150 billion in potential aid, with 44% believing they wouldn't qualify. To assist, Sallie Mae launched a free FAFSA application tool, allowing students to complete it in as little as seven minutes. Tips provided include early filing, gathering necessary documents, and filing special circumstances for financial changes due to COVID-19. For more information, visit SallieMae.com.

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The Sallie Mae Fund and Thurgood Marshall College Fund have launched The Bridging the Dream Scholarship Program for Graduate Students, offering up to $100,000 in scholarships for current graduate students from underserved or marginalized communities. The application window is open until Oct. 25, 2021.
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Sallie Mae (Nasdaq: SLM) announced that CEO Jon Witter will present at the 2021 Barclays Global Financial Services Conference on Monday, Sept. 13, at 10:30 a.m. ET. The event will be held virtually, and live audio access along with a replay will be available at SallieMae.com/investors.

Sallie Mae emphasizes education as a pathway to achieving life goals and provides financial solutions to support students.

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Sallie Mae (Nasdaq: SLM) announces a third-quarter dividend for 2021 of $0.46460 per share on its Preferred Stock Series B and $0.03 per share on its common stock. Dividends will be paid on Sept. 15, 2021, to shareholders of record as of Sept. 3, 2021. The company continues to support education financing and access to college, positioning itself as a leader in private student lending, helping customers reach their educational goals.

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Sallie Mae announced enhanced cash back rewards for its Accelerate℠ and Evolve℠ Mastercard® credit cards. The Accelerate℠ card now offers 2% cash back on rewards redeemed to pay down any federal or private student loan, making it one of the most generous options in the market. Additionally, the Evolve℠ card provides 2% cash back in the two highest-spending categories of cardholders. Both cards offer unlimited 1.5% cash back on all purchases, with a $200 bonus after spending $1,000 in the first three months. New rewards will be available for all cardholders.

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Sallie Mae (Nasdaq: SLM) released its second-quarter 2021 financial results today. Key highlights will be discussed in an earnings conference call scheduled for July 22, 2021, at 8 a.m. ET. Investors can participate by calling 877-311-0518 (USA) or 470-495-9498 (international). A replay will be available until July 29, 2021. Sallie Mae, a leader in private student lending, emphasizes the importance of education in achieving success. Full results can be found at www.SallieMae.com/investors.

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Sallie Mae (Nasdaq: SLM) will announce its second-quarter financial results after market close on July 21, 2021. A conference call is scheduled for July 22, 2021, at 8 a.m. ET, accessible via phone and a live audio webcast. Dial-in details include 877-311-0518 for US and Canada, and 470-495-9498 for international participants, using access code 4445949. A replay will be available shortly after the call and can be accessed until July 29, 2021. Sallie Mae, a recognized leader in private student lending, continues to support education and lifelong learning.

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FAQ

What is the current stock price of SLM Corporation (SLM)?

The current stock price of SLM Corporation (SLM) is $29.3 as of January 23, 2025.

What is the market cap of SLM Corporation (SLM)?

The market cap of SLM Corporation (SLM) is approximately 6.2B.

What does SLM Corporation do?

SLM Corporation, known as Sallie Mae, specializes in saving, planning, and paying for college. They offer private education loans, financial planning tools, and online banking services.

Is Sallie Mae a government agency?

No, SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States government.

What types of loans does Sallie Mae offer?

Sallie Mae offers private education loans and participates in the Federal Family Education Loan Program.

How does the Upromise rewards program work?

The Upromise rewards program provides cashback on everyday purchases to help families save for college.

Does Sallie Mae offer scholarship search tools?

Yes, Sallie Mae provides a comprehensive scholarship search tool to help students find additional funding opportunities.

What financial planning tools does Sallie Mae provide?

Sallie Mae offers various financial planning tools, including college savings programs and debt management services.

How can I apply for a Sallie Mae loan?

You can apply for a Sallie Mae loan through their official website, where you can find detailed information and application guidelines.

What makes Sallie Mae the largest student lender in the country?

Sallie Mae's extensive experience, broad range of loan products, and commitment to supporting students and families has established them as the largest student lender in the U.S.

Where can I find the latest news about Sallie Mae?

You can find the latest news and updates on Sallie Mae’s official website at salliemae.com.

Does Sallie Mae provide online banking services?

Yes, Sallie Mae offers online retail banking services to promote responsible personal finance among its customers.
SLM Corporation

Nasdaq:SLM

SLM Rankings

SLM Stock Data

6.25B
210.01M
1.07%
99.85%
3.84%
Credit Services
Personal Credit Institutions
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United States of America
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