Success stories

Sallie Mae has partnered with more than a dozen entities in the last seven years and has, either as parent company or vendor to a third party, greatly improved student loan services and enhanced competition.

• AmSouth, 2004
  Since becoming the exclusive marketing agent for AmSouth's education loan division, Sallie Mae has helped AmSouth's new loan origination volume grow by more than 20%.

• USA Funds, 2000
  Through a fee-for-service contract, Sallie Mae helped America's largest guarantor, USA Funds, grow its new guaranteed student loan volume to an unprecedented level of $9.8 billion as of the end of academic year 2003–2004. This represents an increase of 52% during the four-year period of our relationship.

• Student Loan Funding, 2000
  Student Loan Funding made $25 million in education loans in 1999, the year before it was acquired by Sallie Mae. Last academic year, Student Loan Funding made $125 million in loans.

• Nellie Mae, 1999
  When Sallie Mae acquired Nellie Mae in 1999 when it made approximately $385 million in loans annually. Last year, Nellie Mae made more than $1.2 billion in education loans to students and families across the country.