Great Lakes Educational Loan Services Inc Salary

As of August 2026, the average annual salary for employees at Great Lakes Educational Loan Services Inc in the United States is $114,446. This translates to an approximate hourly wage of $55. Salaries at Great Lakes Educational Loan Services Inc typically range from $100,194 to $130,036 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Great Lakes Educational Loan Services Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Great Lakes Educational Loan Services Inc. Based on our data, the highest paying job is the Controller, with an annual salary of $265,168. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Great Lakes Educational Loan Services Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Great Lakes Educational Loan Services Inc's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Td Auto Finance LLC $115,574
+1.0%
Suggests Td Auto Finance LLC utilizes a highly similar base-plus-benefits compensation model.
Trustmark National Bank $102,263
-10.6%
Trustmark National Bank likely leverages performance bonuses over the high base salary shown here.
IBC Bank $101,472
-11.3%
Reflects market rates for standard general contracting, differing from specialized roles.
HSBC Bank PLC $108,845
-4.9%
HSBC Bank PLC operates with a leaner overhead structure, impacting base wage offers.
Financial Services Industry $121,514
+6.2%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at Great Lakes Educational Loan Services Inc

Considering a career at Great Lakes Educational Loan Services Inc? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Internal promotions are common, with clear paths for advancement. It’s a place where you can build a meaningful, long-term career. Good benefits, though promotion opportunities are limited. There's a focus on execution over exploration. Leadership trusts employees to deliver and gives us the tools to succeed.
Joining this financial services company was a career-defining move. Proud to contribute to innovation. Technology-driven company, providing advanced tools for efficiency. Career progression exists and heavily structured. Managers generally maintain professionalism, but employee engagement varies by department. There's a strong balance between delivering results and maintaining well-being.
There's genuine interest in employee well-being, and performance is fairly rewarded. The firm’s commitment to corporate responsibility—from sustainability to community initiatives—adds deeper meaning to our daily work. Regular updates and open forums ensure we are all informed and aligned, fostering a strong sense of trust and shared purpose. This discipline saves countless hours.

Great Lakes Educational Loan Services Inc Overview

Website
www.mygreatlakes.org
Founded In
1967
Employees
1,000 - 3,000 employees
Industry
Financial Services
Headquarter Address
2501 International Ln Madison Wisconsin WI 53704
Revenue
$500 Million - $1B
Phone Number
+1 6087332500
Social Media
About Great Lakes Educational Loan Services Inc
Ascendium Education Group Inc. and its affiliates has been helping people fulfill their potential through the transformative power of education for over half a century. We promote postsecondary student success in a variety of ways: We're one of the nation's biggest higher education philanthropies, awarding tens of millions of dollars per year in grants aimed at helping more low-income students, st

What Benefits Does Great Lakes Educational Loan Services Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Great Lakes Educational Loan Services Inc offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Madison?

Understanding the cost of living near Madison is key to truly evaluating a salary offer or your current compensation at Great Lakes Educational Loan Services Inc.
Madison's Cost of Living Index is approximately 100.8 (0.8% more expensive than US average; 6.3% more than WI average). State capital (Univ. of WI), desirable, housing costs near US avg. Metro Transit. When planning your budget based on a salary from Great Lakes Educational Loan Services Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,700+ A significant portion of Great Lakes Educational Loan Services Inc salary. Location choices impact this heavily.
Utilities (Basic) $120 - $210 Electricity, Heating, Cooling, Water etc.
Public Transportation $65 (Metro monthly pass, free for UW) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $600 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,575 - $3,945+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Great Lakes Educational Loan Services Inc

1. What is the typical salary range (low to high) for most roles at Great Lakes Educational Loan Services Inc?

The typical annual salary range for most roles at Great Lakes Educational Loan Services Inc is approximately from $100,194 to $130,036. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. How much does Great Lakes Educational Loan Services Inc pay compared to Td Auto Finance LLC?

The average annual salary at Great Lakes Educational Loan Services Inc is $114,446, or an hourly wage of $55, in comparison to Td Auto Finance LLC which pays $115,574 per year or $56 per hour.

3. Do salaries differ significantly between departments at Great Lakes Educational Loan Services Inc?

Yes, salaries often differ between departments at Great Lakes Educational Loan Services Inc due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Great Lakes Educational Loan Services Inc?

Experience level is a significant factor in determining salary at Great Lakes Educational Loan Services Inc, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from Great Lakes Educational Loan Services Inc in Madison is fair given the local cost of living?

To determine if a salary offer from Great Lakes Educational Loan Services Inc in Madison is fair, first compare the gross salary to our data for similar roles at Great Lakes Educational Loan Services Inc and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Madison" to understand its purchasing power.

6. What are the key factors that influence salary levels at Great Lakes Educational Loan Services Inc?

Several key factors influence salary levels at Great Lakes Educational Loan Services Inc. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Great Lakes Educational Loan Services Inc likely benchmarks its salaries against other companies in the Financial Services sector. You can explore how these factors play out in our detailed salary data.