Meaning of Student Loan Marketing Association

Stu'dent Loan' Mar'keting Associa"tion

Pronunciation: [key]
  1. a U.S. government–chartered private company whose chief function is to make available to qualified students low-cost loans backed by government agencies through lending institutions. Abbr.: SLMA&hasp; Also called
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.