SLM Corp

# SLM Corporation

SLM Corporation originates and services private education loans for students and families in the United States. The company funds tuition, fees, books, and other qualified education expenses through private lending products that complement federal student loan programs. SLM operates as a direct lender and servicer, managing the full loan lifecycle from origination through repayment and collections.

The company maintains two principal business lines. Its education lending segment generates revenue through loan originations and ongoing servicing fees on its portfolio of private student loans. Concurrently, SLM operates a deposit banking business through its subsidiary, which offers retail deposit products including high-yield savings accounts, money market accounts, and certificates of deposit, along with interest-bearing omnibus accounts. These deposits provide funding for the lending operations and generate net interest margin revenue.

SLM was incorporated in Delaware in 1972 and maintains headquarters in Newark, Delaware. The company is publicly traded on the Nasdaq exchange with a market capitalization of $4.8 billion. The organization services a substantial portfolio of education loans and holds approximately $26 billion in assets, positioning it as a significant participant in the private student lending market. SLM's operations are geographically dispersed across the United States, serving borrowers nationwide through its lending and deposit-taking platforms.