Subsidy Tracker Parent Company Summary
Parent Company Name:
Navient
Ownership Structure:
publicly traded (ticker symbol NAVI)
Headquartered in:
Delaware
Major Industry:
financial services
Specific Industry:
financial services
| Subsidy Summary | Subsidy Value | Number of Awards |
|---|---|---|
| State/Local | $18,719,849 | 37 |
| Federal (grants and allocated tax credits) | $0 | 0 |
| TOTAL | $18,719,849 | 37 |
| 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) | $7,263,400,000 | 135 |
| TOTAL | $7,263,400,000 | 135 |
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 2008.
Time Period for Federal Awards:
FY2000 to the present
Notes:
Dollar totals do not include awards for which no subsidy value is disclosed.
Associated Names:
GENERAL REVENUE; NAVIENT; PIONEER CREDIT RECOVERY; SALLIE MAE
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 |
|---|---|---|
| New York | $8,394,434 | 29 |
| Delaware | $7,325,415 | 5 |
| Pennsylvania | $3,000,000 | 3 |
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 | |
| Navient | Delaware | state | 2014 | $1,920,165 | grant/loan hybrid program | |
| General Revenue Corporation | New York | state | 2008 | $1,854,152 | enterprise zone | |
| Pioneer Credit Recovery, Inc. | New York | state | 2008 | $1,048,748 | enterprise zone | |
| General Revenue Corp. | New York | state | 2007 | $1,010,000 | enterprise zone | |
| Sallie Mae, Inc. | Pennsylvania | state | $1,000,000 | grant | ||
| Navient Solutions, Inc. (formerly Sallie Mae, Inc.) | Pennsylvania | state | $1,000,000 | tax credit/rebate | ||
| Sallie Mae Inc. | Pennsylvania | state | 2013 | $1,000,000 | tax credit/rebate | |
| General Revenue Corporation | New York | state | 2014 | $489,674 | enterprise zone | |
| Pioneer Credit Recovery Inc. | New York | state | 2007 | $437,500 | enterprise zone | |
| General Revenue Corp. | New York | state | 2006 | $411,000 | enterprise zone | |
| General Revenue Corporation | New York | state | 2013 | $324,837 | enterprise zone | |
| General Revenue Corporation | New York | state | 2012 | $285,021 | enterprise zone | |
| Pioneer Credit Recovery | New York | local | 2004 | $279,986 | tax credit/rebate; property tax abatement | |
| General Revenue Corporation | New York | state | 2009 | $247,864 | enterprise zone | |
| General Revenue Corporation | New York | state | 2011 | $246,836 | enterprise zone | |
| Pioneer Credit Recovery | New York | local | 2005 | $209,404 | tax credit/rebate; property tax abatement | |
| Pioneer Credit Recovery | New York | local | 2008 | $164,900 | tax credit/rebate; property tax abatement | |
| Pioneer Credit Recovery | New York | local | 2007 | $163,997 | tax credit/rebate; property tax abatement | |
| Pioneer Credit Recovery | New York | local | 2006 | $160,333 | tax credit/rebate; property tax abatement | |
| Pioneer Credit Recovery | New York | local | 2009 | $120,534 | tax credit/rebate; property tax abatement | |
| General Revenue Corporation | New York | state | 2015 | $119,238 | enterprise zone | |
| Pioneer Credit Recovery, Inc | New York | local | 2004 | $110,538 | tax credit/rebate; property tax abatement | |
| Pioneer Credit Recovery Inc | New York | local | 2006 | $107,820 | tax credit/rebate; property tax abatement | |
| Sallie Mae Corporation | Delaware | state | 2009 | $100,000 | training reimbursement | |
| Sallie Mae Corporation | Delaware | state | 2009 | $100,000 | training reimbursement | |
| Sallie Mae Corporation | Delaware | state | 2009 | $99,810 | training reimbursement | |
| Pioneer Credit Recovery, Inc. | New York | state | 2005 | $98,579 | enterprise zone | |
| General Revenue Corporation | New York | state | 2010 | $95,839 | enterprise zone | |
| General Revenue Corporation | New York | state | 2005 | $95,000 | enterprise zone | |
| Pioneer Credit Recovery | New York | local | 2011 | $86,680 | tax credit/rebate; property tax abatement | |
| Pioneer Credit Recovery Inc. | New York | state | 2006 | $86,000 | enterprise zone | |
| Pioneer Credit Recovery | New York | local | 2010 | $81,205 | tax credit/rebate; property tax abatement | |
| Pioneer Credit Recovery | New York | local | 2012 | $24,601 | tax credit/rebate; property tax abatement | |
| Pioneer Credit Recovery | New York | local | 2003 | $17,454 | tax credit/rebate; property tax abatement | |
| Pioneer Credit Recovery, Inc | New York | local | 2005 | $15,694 | tax credit/rebate; property tax abatement | |
| General Revenue | New York | local | 2013 | $1,000 | tax credit/rebate; property tax abatement | |
| SLM Private Education Loan Trust 2009-B | United States | federal | 2009 | $744,600,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2009-D | United States | federal | 2009 | $645,300,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2010-A | United States | federal | 2010 | $322,100,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2009-B | United States | federal | 2009 | $294,800,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2009-B | United States | federal | 2009 | $226,700,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2009-C | United States | federal | 2009 | $222,700,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2009-B | United States | federal | 2009 | $220,000,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2010-A | United States | federal | 2010 | $190,100,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2009-B | United States | federal | 2009 | $176,000,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2009-B | United States | federal | 2009 | $147,000,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2009-CT | United States | federal | 2009 | $145,800,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2010-A | United States | federal | 2010 | $136,400,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2009-B | United States | federal | 2009 | $117,900,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2009-C | United States | federal | 2009 | $111,300,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2009-B | United States | federal | 2009 | $110,000,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2009-B | United States | federal | 2009 | $108,200,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2010-A | United States | federal | 2010 | $102,400,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2010-A | United States | federal | 2010 | $92,400,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2009-C | United States | federal | 2009 | $89,000,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2009-D | United States | federal | 2009 | $82,300,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2009-B | United States | federal | 2009 | $79,900,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2009-B | United States | federal | 2009 | $77,000,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2009-B | United States | federal | 2009 | $74,800,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2009-D | United States | federal | 2009 | $74,500,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2009-CT | United States | federal | 2009 | $73,800,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2009-B | United States | federal | 2009 | $73,000,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2009-D | United States | federal | 2009 | $71,200,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2009-B | United States | federal | 2009 | $70,400,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2009-CT | United States | federal | 2009 | $67,500,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2009-CT | United States | federal | 2009 | $67,500,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2009-C | United States | federal | 2009 | $66,800,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2009-D | United States | federal | 2009 | $66,800,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2009-B | United States | federal | 2009 | $66,000,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2010-A | United States | federal | 2010 | $65,100,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2009-B | United States | federal | 2009 | $61,600,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2009-D | United States | federal | 2009 | $54,300,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2009-D | United States | federal | 2009 | $53,400,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2010-A | United States | federal | 2010 | $52,800,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2010-A | United States | federal | 2010 | $52,800,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2009-D | United States | federal | 2009 | $48,100,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2010-A | United States | federal | 2010 | $44,900,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2009-C | United States | federal | 2009 | $44,500,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2009-C | United States | federal | 2009 | $44,500,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2009-B | United States | federal | 2009 | $44,000,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2009-C | United States | federal | 2009 | $38,600,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2009-B | United States | federal | 2009 | $37,000,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2009-C | United States | federal | 2009 | $36,500,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2009-C | United States | federal | 2009 | $35,400,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2010-A | United States | federal | 2010 | $35,200,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2009-C | United States | federal | 2009 | $33,800,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2009-D | United States | federal | 2009 | $32,900,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2010-A | United States | federal | 2010 | $31,700,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2009-C | United States | federal | 2009 | $31,300,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2009-D | United States | federal | 2009 | $28,000,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2009-C | United States | federal | 2009 | $26,700,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2009-C | United States | federal | 2009 | $24,000,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2009-B | United States | federal | 2009 | $22,700,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2009-D | United States | federal | 2009 | $22,300,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2009-D | United States | federal | 2009 | $22,300,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2009-D | United States | federal | 2009 | $22,300,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2009-C | United States | federal | 2009 | $22,300,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2009-C | United States | federal | 2009 | $22,200,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2009-D | United States | federal | 2009 | $19,600,000 | federal loan or loan guarantee | |
| SLM Private Education Loan Trust 2009-D | United States | federal | 2009 | $19,600,000 | federal loan or loan guarantee |
