Sallie Mae’s mission is to power confidence as students begin their unique journey. We believe college should be affordable, equitable, and accessible for all students. As the leader in private student lending, we provide financing and expertise to support college access and completion. We offer products and resources to help students and families start smart in planning for higher education, ensuring opportunities to learn and dream big.
Sallie Mae
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4.12
Overall Excellence Rating
Industry
Financial ServicesCategory
Banking & LendingESG/Ethical Impact
Sallie Mae completed its first comprehensive greenhouse gas (GHG) inventory, providing an understanding of its baseline footprint and opportunities to reduce impacts in the future. The company also signed a zero-waste agreement with its waste management and recycling provider, highlighting its dedication to sustainable practices. The Sallie Mae Fund, Sallie Mae’s charitable arm, again partnered with Thurgood Marshall College Fund to award $1 million in scholarships to help underserved and underrepresented students access and complete higher education. The company continues to offer all students access to free tools and resources to help them navigate to, through, and immediately after college. The Sallie Mae Fund provided $385,000 in grants to advance social justice and remove barriers to higher education access and completion, including $100,000 to support National HBCU Week. The company also provided $71 million in new investments to support low- and -moderate-income housing in Utah – home to Sallie Mae Bank – and an additional $371,000 in scholarships and grants to Utah students through the Community Reinvestment Act. Sallie Mae introduced new diversity focused programs, a hybrid working model to allow for flexibility, connection, and growth and continued to provide competitive benefits including more than 12,000 hours of primary and 4,800 hours of secondary parental leave. The company was also recognized as one of the 100 Best Adoption-Friendly Workplaces by The Dave Thomas Foundation for Adoption. The company also received recognition for the diversity of its Board of Directors.
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Awards Received
2023
Revenues
1700000000
Website Traffic
Employee Rating
4.1
Customer Rating
2.4
Company Size
1000-5000
ESG Risk Rating
3
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