Receivables management
Sallie Mae has paper check processing solutions that let your school choose one partner for all your receivables management needs.
To complement our automated payment options, our paper check processing solutions allow you to pick Sallie Mae for receivables management.
As one of the largest and most respected companies in higher education finance, Sallie Mae has first-rate, state-of-the-art payment processing capabilities. Sallie Mae’s Business Office Solutions allows your school to tap into these servicing capabilities.
Sallie Mae has been handling borrower payments internally for more than seven years. We have over 100 employees dedicated to receiving, processing, and reconciling payments. With our internal lockbox, we have been processing payments for third-party clients for over five years, freeing them from administrative processing tasks.
Reduce the paper in your office: Sallie Mae’s accounts receivable and point-of-sale conversions reduce check processing costs, processing time, and fraud.
To learn more about Receivables Management, call Business Office Solutions at (800) 531-4300.