You Can Afford To Go To College With A Nellie Mae Student Loan You Can Afford To Go To College With A Nellie Mae Student Loan Are you worried you can't afford to further your education and get the degree that you require so that you can take your first step on the career ladder? If you are then you are not alone. There is no doubt about it: Cost is a major factor in any decision to go back to school. Many students think they can't afford college. If you're worried about your ability to pay, you should apply for financial aid -- even as an adult! There are many sources of help and a Nellie Mae Student Loan is one option. Let me tell you a bit about their background: Nellie Mae is a subsidiary of the widely known SLM Corporation, also known as Sallie Mae. It is well established and started way back in 1982.