How do I speak to someone at Sallie Mae?
- Apply or cosign for a new loan, complete your loan application, or check your application status.
- Customer service links. Apply for a loan.
- Chat. Monday–Friday: 8 a.m. to 8 p.m. ET.
- Phone. 855-756-5626 (855-SLM-LOAN)
- Correspondence. Sallie Mae.
- Borrower payment address. Sallie Mae.
- Cosigner payment address.
- Disputed balances.
How do I get my Sallie Mae loans forgiven?
Sallie Mae and other private student loans can’t be forgiven. In fact, there are actually no official student loan forgiveness programs for any private student loan company. Federal student loan borrowers can use the Public Service Loan Forgiveness (PSLF) or Teacher Loan Forgiveness programs to wipe away their debt.
Is Sallie Mae the same as US Department of Education?
Sallie Mae continued to not only service federally guaranteed student loans under a contract with the U.S. Department of Education, it also made loans through its own Smart Option Student Loan program. All the while, the company continued to service federal as well as private student loans.
Is Sallie Mae considered a federal student loan?
All new Sallie Mae loans are private. Sallie Mae stopped offering federal loans when the FFEL program ended in 2010, but continued to service federal loans though 2014. Since then, Sallie Mae no longer services federal loans and provides only private student loans.
Will Sallie Mae loans be forgiven?
Although there currently is no such thing as Sallie Mae private student loan forgiveness, there are alternatives available to borrowers struggling to manage their private loans. Private lenders don’t offer income-driven repayment plans. And this can increase the total cost of the loan.
Where is Sallie Mae headquarters?
Newark, DESallie Mae / Headquarters
How do you cancel a Sallie Mae payment?
Click the Cancel button located in the Loan Details section of the page. The Cancel/Refund Loan page displays. NOTE: The specific transactions that can be performed on this page depend upon the loan program and the status of the loan and its disbursements.
Is Sallie Mae forgiving student loans?
Sallie Mae does not offer loan forgiveness for its private student loans. But they do offer loan cancellation if the primary borrower has suffered total and permanent disability.
Is Sallie Mae subsidized or unsubsidized?
Direct PLUS Loans are unsubsidized credit-based federal loans for parents of dependent students and graduate/professional students.
Is Sallie Mae a legit student loan?
Yes, Sallie Mae is a legitimate and well established student loan provider. Historically it managed both private and federal government-backed loans. However, in 2013 the company split into 2 different companies: Sallie Mae and Navient. This is because of a 2010 law that changed how federal-government backed loans worked.
Is Sallie Mae a federal or private loan?
When you hear the name Sallie Mae, you probably think of student loans. There’s a good reason for that; Sallie Mae has a long history, during which time it has provided both federal and private student loans. However, as of 2014, all of Sallie Mae’s student loans are private, and its federal loans have been sold to another servicer.
Are Sallie Mae student loans federal or private?
Sallie Mae provides private student loans. Federal loans formerly serviced by Sallie Mae are now under Navient. Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations.
Will Sallie Mae student loans be forgiven?
“Unfortunately, private student loans will never be forgiven by government action – the federal government does not have that type of control over private lenders and banks.