Updated July 8, 2021
Average Sallie Mae Salary
$37,000 yearly
$17.79 hourly

Entry level Salary
$22,000 yearly
$22,000
10 %
$37,000
Median
$63,000
90 %

How Much Does Sallie Mae Pay?

Sallie Mae employees earn an average of $37,428 per year, which is $17.99 an hour. However, there's a significant range between the top 10 percent of earners and the bottom 10 percent of earners. While the highest-paid employees at Sallie Mae can earn over $63,000 a year, the lowest-paid employees earn less than $22,000. Show More

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Sallie Mae Jobs

Highest Paying Jobs At Sallie Mae

While Sallie Mae employees earn an average yearly salary of $37,428, different roles can command different wages. Some of the positions that earn high wages at Sallie Mae include director, consultant, project manager, and supervisor. A worker with the title director salary at Sallie Mae can earn an average yearly salary of $134,682. To get a better sense of the salaries at Sallie Mae, other roles such as cashier and customer service representative can be considered as well. For comparison, the title cashier at Sallie Mae earns $26,471 per year.
Job Title
RankascdescJob TitleascdescAverage SalaryascdescHourly Rateascdesc
1
$134,682
$64.75
2
$75,691
$36.39
3
$71,321
$34.29
4
$70,982
$34.13
5
$70,119
$33.71
6
$65,078
$31.29
7
$59,558
$28.63
8
$59,028
$28.38
9
$57,818
$27.80
10
$51,313
$24.67
11
$47,972
$23.06
12
$46,404
$22.31
13
$45,141
$21.70
14
$41,446
$19.93
15
$41,003
$19.71
16
$38,252
$18.39
17
$36,913
$17.75
18
$35,045
$16.85
19
$31,060
$14.93
20
$30,728
$14.77

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Average Sallie Mae Salaries By Locations

When choosing a place to work, it's important to factor in the cost of living when negotiating a salary. Employees at Sallie Mae earn different salaries depending on their region. Our data shows that Sallie Mae employees in Industry, CA get paid the most, where the average yearly pay is $41,520. This can be compared to Newton, MA, where Sallie Mae employees earn an average salary of $41,453.
RankascdescLocationascdescAverage SalaryascdescHourly Rateascdesc
1
$41,520
$19.96
2
$41,453
$19.93
3
$38,008
$18.27
4
$37,667
$18.11
5
$35,853
$17.24

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Average Sallie Mae Salaries By Department

Our data shows that different departments at Sallie Mae pay different salaries. Employees in engineering roles earn the highest wages at Sallie Mae, with an average salary of $77,466. The plant/manufacturing department also pays well, with an average salary of $66,274 per year. Departments that don't pay as well at Sallie Mae include the customer service and administrative organizational functions, with employees earning $30,572 and $38,905, respectively.
RankascdescDepartmentascdescAverage SalaryascdescHourly Rateascdesc
1
Engineering
$77,466
$37.24
2
Plant/Manufacturing
$66,274
$31.86
3
IT
$63,975
$30.76
4
Human Resources
$54,836
$26.36
5
Marketing
$49,177
$23.64
6
Finance
$45,978
$22.10
7
Accounting
$43,308
$20.82
8
Retail
$42,261
$20.32
9
Sales
$40,445
$19.44
10
Administrative
$38,906
$18.70
11
Customer Service
$30,573
$14.70

Best Paying Sallie Mae Customer Service Position Salaries

RankascdescPositionascdescAverage SalaryascdescHourly Rateascdesc
1
$51,848
$24.93
2
$34,406
$16.54
3
$33,058
$15.89
4
Skip Tracer
$32,047
$15.41
5
$31,060
$14.93
6
$29,455
$14.16
7
Student Loan Collector
$28,741
$13.82
8
$27,869
$13.40
9
$27,832
$13.38

Sallie Mae Customer Service Jobs

Best Paying Sallie Mae Finance Position Salaries

RankascdescPositionascdescAverage SalaryascdescHourly Rateascdesc
1
$86,110
$41.40
2
$75,691
$36.39
3
$59,385
$28.55
4
$57,818
$27.80
5
Collections/Account Manager
$51,923
$24.96
6
$48,867
$23.49
7
$45,503
$21.88
8
$44,579
$21.43
9
$41,594
$20.00
10
$41,003
$19.71
11
$33,605
$16.16
12
$32,456
$15.60
13
$29,918
$14.38
14
$26,257
$12.62
15
$25,149
$12.09

Sallie Mae Finance Jobs

Best Paying Sallie Mae Sales Position Salaries

RankascdescPositionascdescAverage SalaryascdescHourly Rateascdesc
1
$51,313
$24.67
2
$51,214
$24.62
3
$49,104
$23.61
4
$43,323
$20.83
5
$34,845
$16.75
6
Skip Tracer
$32,047
$15.41
7
$29,455
$14.16
8
$28,918
$13.90
9
Student Loan Collector
$28,741
$13.82

Sallie Mae Sales Jobs

Recently Added Sallie Mae Salaries

JobascdescLocationascdescDate AddedascdescSalaryascdesc
Customer Care Advisor
New Castle, DE
New Castle, DE
08/10/2021
$32,34908/10/2021
Customer Care Advisor
New Castle, DE
New Castle, DE
03/25/2021
$32,34903/25/2021
Financial Systems & Support Manager
Sterling, VA
Sterling, VA
03/10/2021
$125,00003/10/2021
Director, Loss Forecasting
Newark, DE
Newark, DE
01/15/2021
$117,25001/15/2021

Recently Added Sallie Mae Jobs

Highest Paying Sallie Mae Competitor Salaries

Based on our research, similar companies to Sallie Mae are Time Investment, Sarma, and Nelnet. The wages at Time Investment average higher than the other similar companies, where the median salary is $51,487 per year. The employees at Sarma earn an average yearly salary of $50,930 per year, and the salaries at Nelnet average $50,178 per year.
Company
RankascdescCompany NameascdescZippia ScoreascdescAverage Salaryascdesc
1
Time Investment
3.7
$51,487
2
Sarma
3.6
$50,930
3
Nelnet
4.5
$50,178
4
American Credit Acceptance
4.2
$46,047
5
MSA Solutions
3.7
$45,573
6
Exeter Finance
4.4
$42,480
7
Toyota Financial Services
4.4
$42,258
8
FDS Bank
4.2
$39,703
9
Tidewater Finance Company
4.1
$38,808
10
Credit Acceptance
4.4
$38,240
11
Regional Acceptance
3.8
$37,714
12
AppliedCard Systems
3.6
$37,287
13
American Recovery Systems, Inc.
3.9
$36,699
14
Integrity Solution Services
4.3
$35,661
15
Semperian
3.5
$34,641
16
CardWorks
3.8
$34,468
17
Nationwide Credit
4.2
$33,978
18
Navient
4.6
$32,835
19
Allied Interstate
3.8
$32,343
20
EGS Financial Care
4.3
$32,246

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