SLM

Type: Public
On the web: http://www.salliemae.com
Employees: 8,000
Employee growth: (27.3%)

Those who graduated "magna cum payments" may not be familiar with SLM, but they probably know its more common moniker, Sallie Mae. The company, which manages some 10 million student loans, is the US's largest source of funding and servicing for education loans. Formerly primarily a wholesale acquirer, SLM now originates more than half its loans. SLM also has debt-management operations for student loans, mortgages, and other receivables. From inception, the company borrowed money at near-government rates to purchase government-guaranteed loans, but in the 1990s Congress took away SLM's funding edge, making privatization attractive.

Key numbers for fiscal year ending December, 2008:
Sales: $1,784.0M
One year growth: (14.5%)
Net income: ($212.6)M

Officers:
Chairman: Anthony P. (Tony) Terracciano
Vice Chairman and CEO: Albert L. Lord
Vice Chairman and CFO: John F. (Jack) Remondi

Competitors:
Bank of America
KeyCorp
Student Loan Corp.

Look up SLM in Wiktionary, the free dictionary.

SLM may refer to:

• Service Lifecycle Management, a business strategy that bundles all service-based operations into a single lifecycle model
• S-L-M, the tri-consonantal root of many Semitic words, such as shalom and salam
• SLM Corporation, or Sallie Mae, an American student loan company
• Salamanca Airport, Spain, IATA Airport Code SLM
• Spatial light modulator, used in optical projection
• Stan Lee Media, a production and marketing company for applications in all media
• Sudan Liberation Movement, an association of Sudanese rebel groups
• Surinaamse Luchtvaart Maatschappij, or Surinam Airways
• Swiss Locomotive and Machine Works, a railway equipment manufacturer

This disambiguation page lists articles associated with the same title. If an internal link led you here, you may wish to change the link to point directly to the intended article.

This entry is from Wikipedia, the leading user-contributed encyclopedia. It may not have been reviewed by professional editors (see full disclaimer)