Sallie Mae, the Sallie Mae logo, and other Sallie Mae names and logos are service marks or registered service marks of Sallie Mae Bank. CHECK SALLIEMAE.COM FOR THE MOST UP-TO-DATE PRODUCT INFORMATION. How to Travel the World Cheap (or Free) Consumer Debt Deep Dive; The Importance of Research; Navient was spun out of Sallie Mae in 2014, and Remondi ultimately was named CEO. | Forgot your password? SLM Corporation and its subsidiaries, including Sallie Mae Bank are not sponsored by or agencies of the United States of America. Simplify your loans into one monthly payment while potentially saving on your interest rate. According to its coronavirus resource page, ... Nelnet NNI. For more than 40 years, Nelnet has helped students finance their education. SALLIE MAE RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS, SERVICES, AND BENEFITS AT ANY TIME WITHOUT NOTICE. Nelnet, Sallie Mae and ACS have a proven nationwide track record of helping students secure the education loans they need for college, and it is to these three that we will turn our immediate attention. - Chris Denhart of Forbes Staff [This was stated in 2013] Student Loans are… Remember, another Smart Option Student Loan® means another FREE Study Starter benefit. These loans are for students needing to fill the gaps not met by federal financial aid, or who may be looking to refinance their student debt. Unauthorized access, use, misuse, or modification of this computer system or of the data contained herein or in transit to/from this system constitutes a violation of Title 18, United States Code, Section 1030, and may subject the individual to civil and criminal penalties. Forgot your username? Before taking out a private loan, make sure to take advantage of any federal student loans, grants, or scholarships you have access to. [TLDR] I took out student loans worth $22,000 through Sallie Mae, both Sallie Mae and Nelnet are collecting on this loan meaning I now owe $44,000. If you’re currently attending school, a private loan can help you made up the difference. If you have not checked the status of your loans on the National Student Loan Data System (NSLDS), you should. Sallie Mae and Nelnet Inc shares soared on Thursday after the U.S. Department of Education awarded them and two other companies a contract to service $550 billion of … But as of October 13, 2014, Sallie Mae shifted all federal loans to Navient. All other names and logos used are the trademarks or service marks of their respective owners. He joins Nelnet Bank from Sallie Mae Bank where, as Chief Credit Officer, he led credit risk management functions and launched personal loans and credit card products. Nelnet and Sallie Mae, the country’s largest student lender, have traditionally been big campaign donors. Make sure refinancing is the right choice for you. For more than 40 years, Nelnet has helped students finance their education. That’s why we are proud to offer private student loans through U-fi From Nelnet. In morning trading, Sallie Mae shares were up 71 cents, or 9.2 percent, at $8.40, while Nelnet was up $1.66, or 20.4 percent, at $9.80, both on the New York Stock Exchange. Learn more about each of these loan types below. Sallie Mae SoFi U-fi From Nelnet Other private student loan lenders and servicers Federal student loan servicers. there inb nothing in the paperwork regarding this for discharge of the loans. Sallie Mae, the Sallie Mae logo, and other Sallie Mae names and logos are service marks or registered service marks of Sallie Mae Bank. Paid 5,000.00 to the loan in one month thanks to the stimulus check paid the loan in full !! Nelnet and Sallie Mae, the country’s largest student lender, have traditionally been big campaign donors. The short answer is “no.” In 1972, Sallie Mae, or the Student Loan Marketing Association, was established as a government-sponsored enterprise, or GSE. Can I Get Extra Student Loan Money? Private student loans are available to students pursuing higher education at all levels: If you graduated with student loans, refinancing could reduce your monthly payments. Former Navient and Sallie Mae lobbyist Scott Buchanan left after many years at both loan servicers and now heads Washington-based SLSA, the Student Loan Servicing Alliance, which lobbies for federal and private loan servicers and lenders. How to Pay Extra on Loan Principle with Sallie Mae. More information on that is here. Nelnet will pay $55-million to settle its share of a whistle-blower lawsuit that accuses it and several other lenders of defrauding taxpayers of more than a billion dollars in student-loan subsidies. 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