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The Free Application for Federal Student Aid (FAFSA) application will be delayed this year, which may worry some college applicants. (Credit: Getty Images) (designer491 via Getty Images)
Sallie Mae is a company that currently offers private student loans but it has gone through several shifts. In 1972, Congress created the Student Loan Marketing Association (SLMA) as a private ...
The Federal Supplemental Educational Opportunity Grant, more commonly known by its acronym SEOG, is a federal assistance grant reserved for college students with the greatest need for financial aid to attend school. To be eligible for this grant, applicants must meet all of the following criteria:
The Sallie Mae Parent Loan provides the option for anyone — parents, grandparents or even friends — to borrow on a student’s behalf. How Sallie Mae Student Loans Can Help Parents Pay for College
Commercial lenders (e.g. Sallie Mae; now Navient) would use their private capital to finance loans under the FFELP but received subsidies from the federal government. [1] These subsidies were used to maintain interest rates at the federally mandated levels, pay down fees associated with the loans and cover expenses associated with collection ...
SLM Corporation (commonly known as Sallie Mae; originally the Student Loan Marketing Association) is a publicly traded U.S. corporation that provides consumer banking.Its nature has changed dramatically since it was set up in the early 1970s; initially a government entity that serviced federal education loans, it then became private and began offering private student loans.