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Sallie Mae

Financial Services and Education Financing Financial Services Not specified
Founded
--
Employees
--
Total Funding
$618.0M
Funding Rounds
1
Last Funding
2026-03-03

About Sallie Mae

Sallie Mae is a financial services company focused on helping students and families pay for education through private student loans, savings products, and college planning resources. Their mission is to support individuals in achieving their educational and financial goals by providing tailored loan and savings solutions.

Products & Services

Private Student Loans:Loans designed to meet the needs of students pursuing higher education.
Undergraduate Student Loans:Loans for college students earning a bachelor's or associate's degree.
Graduate Student Loans:Loans tailored for graduate or post-graduate studies.
Career Training Loan:Loans for students in professional training or certificate courses.
SmartyPig:A free online piggy bank for saving towards long- and short-term goals.
Money Market Account:An account to grow money faster with higher interest rates and no monthly fees.
Certificates of Deposit:Accounts offering a guaranteed rate of interest over a fixed period.
High-Yield Savings Account:Savings account with a higher interest rate than traditional accounts, with no monthly fees.
Undergraduate Student Loans:Loans to fund bachelor's or associate's degrees with fixed rates from 2.89% to 17.49% APR and variable rates from 3.75% to 16.37% APR.
Medical School Loan:Funding for medical degrees (MD, DO, DPM, DVM, VMD) with tailored financial support.
Law School Loan:Loans designed for JD or LLM degrees with specific funding options.
MBA Loan:Financing for Master of Business Administration degrees.
Dental School Loan:Support for DMD or DDS degrees to advance dentistry careers.
Certificates of Deposit:Secure savings with fixed rates and guaranteed returns, minimum deposit of $2,500.
SmartyPig Savings Account:Goal-based savings account with competitive interest rates and no fees.

Specialties

Private Student Loans College Planning Savings Products Online Banking Student Loans Education Financing Savings Accounts

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Asset-Backed Securities
T: -
FT: Asset-Backed Securities
A: 618000000
MR: -
FA: $618 million
FAN: 618000000
D: 2026-03-03
FD: 2026-03-03
-
Asset-Backed Securities Latest
2026-03-03
$618.0M

Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

No team data available

Team information is not yet available for this company

Recent News

Sallie Mae Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

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Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Financial Services and Education Financing, Financial Services
Locations
Not specified
United States

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Technology Stack

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