Sallie Mae is a consumer banking company primarily known for its student loan services. Originally established as a government-sponsored enterprise, it now operates as a private entity offering a range of financial products aimed at helping students and families achieve their educational goals. In addition to private student loans, Sallie Mae provides savings products, such as high-yield savings accounts and certificates of deposit, along with credit cards designed for students and recent graduates. The company focuses on delivering innovative financial tools and resources to support academic success.