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Sallie Mae Forms New Partnership with Sixth Street for Education Loan Funding.
Oct 23, 2026
Contract Type
partnership
Newark
Description
Sallie Mae has announced a strategic partnership with Sixth Street to purchase $1.5 billion of newly originated private education loans each year. This partnership aims to expand origination capacity and reduce reliance on short-term capital markets.
Company Information
Company
Sallie Mae
Location
Newark, Delaware, United States
About
Sallie Mae’s mission is to power confidence as students begin their unique journey. We believe college should be affordable, equitable, and accessible for all students. As the leader in private student lending, we provide financing and expertise to support college access and completion. We offer products and resources to help students and families start smart in planning for higher education, ensuring opportunities to learn and dream big.