For a symmetric distribution (where the median equals the midhinge, the average of the first and third quartiles), half the IQR equals the median absolute deviation (MAD). The median is the corresponding measure of central tendency. Identification of outliers (see below).
SLM Corporation (commonly known as Sallie Mae; originally the Student Loan Marketing Association) is a publicly traded U.S. corporation that provides consumer banking. Its nature has changed dramatically since it was set up in 1973. At first, it was a government entity that serviced federal education loans.
For information on your existing Sallie Mae private loans, please log into your online account. Legal: All calculations are estimates only, based on information provided by you and Sallie Mae's current Parent Loan terms. Your actual monthly payment amounts, annual percentage rate (APR), and payment schedule may vary from the results shown and will be based on terms in effect at the time your loan is approved.