S. banking institutions and you can loan providers, in addition to Sallie Mae, use to exchange the fresh new London area Inter-lender Given Rate (LIBOR)

S. banking institutions and you can loan providers, in addition to Sallie Mae, use to exchange the fresh new London area Inter-lender Given Rate (LIBOR) The new varying price Sallie Mae financing applied for on or immediately following , uses the newest Secured Right away Resource Speed (SOFR) because standard