Affiliation With Sallie Mae
USA Funds contracts with affiliates of Sallie Mae, the leading guarantor-servicing organization, to deliver some of the services necessary to support USA Funds’ guarantee.
Before July 31, 2000, USA Funds was an affiliate of USA Group. USA Funds contracted with other USA Group affiliates to these lenders contract with Sallie Mae for servicing and loan acquisition; others have no contractual relationships with Sallie Mae. Postsecondary institutions, their students, and parents are free to choose the lenders with which they wish to work while using the USA Funds guarantee.
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Famous quotes containing the word affiliation:
“Men seem more bound to the wheel of success than women do. That women are trained to get satisfaction from affiliation rather than achievement has tended to keep them from great achievement. But it has also freed them from unreasonable expectations about the satisfactions that professional achievement brings.”
—Phyllis Rose (b. 1942)