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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 State and Local Awards: Earliest year of data: 2000. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2011.
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 |
