NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae, the nation’s no. 1 financial services company specializing in education, will commence trading on the NASDAQ stock market today under the ticker symbol SLM. The company, which offers a full range of financial products for college, will also launch a new corporate logo.
“Our products help families bridge their dream of college with their personal financial reality,” said Jack Remondi, president & COO, Sallie Mae. “With 40 years of experience helping families pay for education, only Sallie Mae has all of the tools you need to dream, invest and succeed.”
The company has helped 31 million customers pursue their dreams of education, including Anais H. who first came to the United States from Cuba as a young girl. “My mother only had a sixth-grade education,” says Anais. “She pushed my brother and me to get as much education as possible because it’s something that can never be taken away from you.” With the help of a student loan from Sallie Mae, Anais completed her—and her mother’s dream—when she earned her bachelor’s and then her master’s at Nova Southeastern University.
She realized another accomplishment seven years later when she paid off her Sallie Mae loans while continuing to advance her career at a top telecommunications firm. “Near the end of the loan’s repayment period, I began making larger payments so I could get it paid off more quickly,” she says. “It was another dream fulfilled.” Today, Anais is helping her two sons pursue their own college dreams. “My mother was so proud when I got my master’s degree; she framed my diploma,” Anais says. “I’m sure I will do the same when my sons graduate.”
The company’s suite of offerings include 529 college savings plans, scholarship search tools, student loans, tuition insurance, and online banking. “We recognize that every family is different when it comes to saving, planning and paying for higher education. There is no “one size fits all” approach to getting it right, and we’re here to help each family make informed, responsible choices to secure their future,” Sallie Mae’s Remondi added.
Sallie Mae (NASDAQ: SLM) is the nation’s No. 1 financial services company specializing in education. Whether college is long way off or just around the corner, Sallie Mae helps turn education dreams into reality for 25 million customers. With products and services that include college savings programs, scholarship search tools, education loans, tuition insurance, and online banking, Sallie Mae offers solutions that help families save, plan, and pay for college. Sallie Mae also provides financial services to hundreds of college campuses as well as to federal and state governments. Learn more at SallieMae.com. Commonly known as Sallie Mae, SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.