Sallie Mae, a Fortune 500 company, is one of the leading providers of student loans and administrators of college savings plans in the United States. The company provides federal and private student loans for undergraduate and graduate students and their parents. It also offers comprehensive information and resources to assist students, parents and guidance professionals with the financing process. Sallie Mae owns and manages student loans for more than 10 million customers. The company, through its affiliates, manages over $15 billion in nearly 500 college saving plans. It is a major, private source of college funding contributions in the U.S. Sallie Mae, also known as SLM Corporation, has a work force of more than 7,500 employees in office locations throughout the U.S. It is a holding company that operates through various subsidiaries, including Upromise Investments and Upromise Investment Advisors.
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