Who owns Sallie Mae?

In May 2020, Upromise was acquired by loyalty marketing company Prodege. On April 16, 2007, Sallie Mae announced that an investor group led by J.C. Flowers & Co. signed an agreement to purchase Sallie Mae for approximately $25 billion.

Who is the CEO of Sallie Mae?

Jonathan W. Witter
Sallie Mae/CEO

Jonathan (Jon) Witter is chief executive officer of Sallie Mae and is a member of the company’s board of directors. An industry veteran, Jon brings nearly three decades of executive leadership, banking expertise, and operational management to the company.

Do Sallie Mae loans qualify for loan forgiveness?

Sallie Mae and other private student loans can’t be forgiven. In fact, there are actually no official student loan forgiveness programs for any private student loan company. Federal student loan borrowers can use the Public Service Loan Forgiveness (PSLF) or Teacher Loan Forgiveness programs to wipe away their debt.

Did Sallie Mae become Navient?

Navient is a U.S. corporation based in Wilmington, Delaware, whose operations include servicing and collecting student loans. Managing nearly $300 billion in student loans for more than 12 million debtors, the company was formed in 2014 by the split of Sallie Mae into two distinct entities: Sallie Mae Bank and Navient.

Who are the Board of directors of Sallie Mae?

Raymond J. Quinlan. In this role, he chairs both the Sallie Mae and Sallie Mae Bank boards of directors. A banking expert with more than 30 years of experience, Ray joined Sallie Mae in 2014.

What makes Sallie Mae such a good company?

A 20-year veteran of Sallie Mae, Steve appreciates its entrepreneurial atmosphere. He believes in the higher education value proposition and in the company’s mission of helping students get the education and training they need to succeed in today’s complex economy.

Is the Sallie Mae logo a registered mark?

Sallie Mae, the Sallie Mae logo, and other Sallie Mae names and logos are service marks or registered service marks of Sallie Mae Bank. All other names and logos used are the trademarks or service marks of their respective owners.

Can you get 100% approval from Sallie Mae?

Year after year, you can get the money you need to cover 100% of your school-certified expenses. 3 Undergraduate students have a 95% approval rate when they return to Sallie Mae with a cosigner. 1 Created with Sketch. Going to grad school or serving in the military?