Sallie Mae

Company Summary

Sallie Mae, short for Sallie Mae Bank, is a provider and underwriter of student loans to the tunes of many millions of outstanding student loan accounts. You can find undergraduate student loan annual percentage rates as low as 4.25% on variable-rate loans and as low as 5.49% for fixed-rate student loans. Sallie Mae also offers career training student loans to the tune of variable rates ranging between 6.49% and 13.83% in terms of annual percentage rates. SmartyPig, which is free and insured by the Federal Deposit Insurance Corporation, is a unique digital piggy bank that you can find on the Internet. Sallie Mae also helps consumers place their hard-earned money in savings accounts offering yields as high as 2.10% APY.