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Subsidy Tracker Parent Company Summary
Parent Company Name: SLM Corp.
Ownership Structure: publicly traded (ticker symbol SLM)
Headquartered in: Delaware
Major Industry: financial services
Specific Industry: financial services
Subsidy Summary | Subsidy Value | Number of Awards |
State/Local | $15,970,250 | 10 |
Federal (grants and allocated tax credits) | $0 | 0 |
TOTAL | $15,970,250 | 10 |
Loan / Bailout Summary | Total Face Value | Number of Awards |
State/Local loans, bond financing and venture capital | $0 | 0 |
Federal loans, loan guarantees and bailout assistance (not including repayments) | $125,000,000 | 2 |
TOTAL | $125,000,000 | 2 |
Time Period for Federal Awards: FY2000 to the present
Notes: Dollar totals do not include awards for which no subsidy value is disclosed.
Links: For a summary of this company's regulatory violations see its Violation Tracker summary page
here.
Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
Delaware | $7,565,250 | 5 |
Indiana | $6,405,000 | 3 |
Pennsylvania | $2,000,000 | 2 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
Company | Location | Subsidy Source | Year | Subsidy Value | Loan/Bailout Value | Type of Subsidy |
Sallie Mae Inc. | Delaware | state | 2011 | $5,105,440 | | grant/loan hybrid program |
Sallie Mae Bank | Indiana | state | 2017 | $3,930,000 | | tax credit/rebate |
Sallie Mae Bank | Indiana | state | 2016 | $2,375,000 | | tax credit/rebate |
Sallie Mae Bank | Delaware | state | 2018 | $2,160,000 | | grant |
Sallie Mae, Inc. | Pennsylvania | state | | $1,000,000 | | grant |
Sallie Mae Inc. | Pennsylvania | state | 2013 | $1,000,000 | | tax credit/rebate |
Sallie Mae Corporation | Delaware | state | 2009 | $100,000 | | training reimbursement |
Sallie Mae Corporation | Delaware | state | 2009 | $100,000 | | training reimbursement |
Sallie Mae Bank | Indiana | state | 2016 | $100,000 | | training reimbursement |
Sallie Mae Corporation | Delaware | state | 2009 | $99,810 | | training reimbursement |
SALLIE MAE BANK | United States | federal | 2009 | | $100,000,000 | federal loan or loan guarantee |
SALLIE MAE BANK | United States | federal | 2008 | | $25,000,000 | federal loan or loan guarantee |