Articles from Sallie Mae

Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today released fourth-quarter and full-year 2024 financial results. Complete financial results and related materials are available at www.SallieMae.com/investors. The materials will also be available on the Securities and Exchange Commission’s website at www.sec.gov.

Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today announced a 2025 first-quarter dividend on its Preferred Stock Series B of $1.5951112 per share. The company also announced a 2025 first-quarter dividend on its common stock of $0.13 per share.

Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced the appointment of Henry Greig to its board of directors, effective January 12, 2025.

Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, will release fourth-quarter and full-year 2024 financial results after market close on Thursday, Jan. 23, 2025.

The Free Application for Federal Student Aid (FAFSA) for academic year 2025-26 is available now, and completing it is one of the most important steps for students and families planning for higher education – it’s the gateway to accessing more than $100 billion in scholarships, grants, and federal financial aid for college.

November is National Scholarship Month, an ideal time for students and families to explore scholarship opportunities. The key is knowing where to find them, and when, and how to apply.

In honor of Veterans Day, The Sallie Mae Fund today announced a $50,000 grant to Folds of Honor, reinforcing its commitment to military servicemembers and their families. The grant will specifically support scholarships for the children and families of fallen and disabled military servicemembers.

In celebration of National Scholarship Month, Sallie Mae today announced the newest recipients of its Bridging the Dream Scholarship. This year, 40 outstanding high school students from across the country, who excelled both inside and outside the classroom—and demonstrated financial need—were awarded a $10,000 scholarship from The Sallie Mae Fund, in partnership with Thurgood Marshall College Fund. Thirty of this year’s recipients are attending Historically Black Colleges and Universities.

Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today released third-quarter 2024 financial results. Complete financial results and related materials are available at www.SallieMae.com/investors. The materials will also be available on the Securities and Exchange Commission’s website at www.sec.gov.

Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, will release third-quarter 2024 financial results after market close on Wednesday, Oct. 23, 2024.

The Sallie Mae Fund, Inc. today announced it is contributing $200,000 to HBCU Week Foundation, Inc. to support higher education access at Historically Black Colleges and Universities (HBCUs). The Sallie Mae Fund will again be the presenting sponsor for the HBCU Week College Fair in Wilmington, Del., on Sept. 27 and the national HBCU College Fair in Orlando, Fla., on Oct. 24. These events attract thousands of prospective HBCU students and connect students to schools, scholarships, and on-the-spot college acceptances. The Sallie Mae Fund has contributed $500,000 since 2022 to support HBCU Week Foundation college fairs.

Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced Chief Financial Officer Pete Graham will speak at the Barclays Global Financial Services Conference on Tuesday, Sept. 10, at 10:30 a.m. ET.

Families reported spending $28,409 on college for academic year 2023-24 — in line with $28,026 in 2022-23 — and covered nearly half (48%) of expenses with income and savings, according to new data in “How America Pays for College 2024,” the annual study from Sallie Mae and Ipsos, released today.

Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today released second-quarter 2024 financial results. Complete financial results and related materials are available at www.SallieMae.com/investors. The materials will also be available on the Securities and Exchange Commission’s website at www.sec.gov.

Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced a 2024 third-quarter dividend on its Preferred Stock Series B of $1.8467034 per share. The company also announced a 2024 third-quarter dividend on its common stock of $0.11 per share.

Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, will release second-quarter 2024 financial results after market close on Wednesday, July 24, 2024.

The Sallie Mae Fund today announced a $100,000 grant to Point Foundation, the nation’s largest scholarship-granting organization for LGBTQ students. The grant will specifically fund scholarships for LGBTQ students to attend community college and also supports Point Foundation’s mentorship, leadership, and professional development programs for students.

The Sallie Mae Fund, in partnership with Thurgood Marshall College Fund, is again awarding 200 Completing the Dream scholarships worth up to $500,000 to help students from underserved and underrepresented communities complete their higher education. Applications are being accepted until all scholarship funds are awarded or by December 6, 2024.

Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced Chief Financial Officer Pete Graham will speak at the Morgan Stanley U.S. Financials, Payments, and CRE Conference on Tuesday, June 11, at 8 a.m. ET.

Sallie Mae Executive Vice President and Chief Commercial Officer Donna Vieira was honored by Girls Inc. of New York City for her efforts to advance gender equity in corporate America.

Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced Chief Financial Officer Pete Graham will speak at the TD Financial Services & Fintech Summit on Thursday, June 6, at 10:55 a.m. ET.

Sallie Mae®, formally SLM Corporation, released its Environmental, Social, and Governance (ESG) report. The annual report highlights the company's commitment to mission-aligned initiatives supporting its customers, communities, employees, and the environment.

The Sallie Mae Fund today announced a $75,000 grant to the DC College Access Program (DC-CAP) to help increase higher education access and completion among students in the District. The contribution will also support DC-CAP’s 2050 Moonshot Goal of an 80% city-wide six-year college graduation rate.

Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today released first-quarter 2024 financial results. Complete financial results and related materials are available at www.SallieMae.com/investors. The materials will also be available on the Securities and Exchange Commission’s website at www.sec.gov.

Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced a 2024 second-quarter dividend on its Preferred Stock Series B of $1.9038003 per share. The company also announced a 2024 second-quarter dividend on its common stock of $0.11 per share.

Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, will release first-quarter 2024 financial results after market close on Wednesday, April 24, 2024.

One in four current undergraduate students have seriously considered leaving college or have been at risk of dismissal, according to “How America Completes College 2024,” a national study from Sallie Mae and Ipsos. Sixty-four percent of students report being on a successful path to graduation, never having considered leaving school, and another 12% have considered leaving, but not seriously.

The Sallie Mae Fund, in partnership with Thurgood Marshall College Fund, is now accepting applications for two college scholarship programs to help students from underserved and underrepresented communities access higher education.

Scholly founder Chris Gray is returning to where his unique journey as an entrepreneur began – ABC’s hit television show ‘Shark Tank’ – for an update on his company’s resounding success in connecting students across the country to millions of dollars in scholarships for college. In addition to reconnecting with Shark Tank investors Daymond John and Lori Greiner, Chris is joined by Sallie Mae’s Chief Commercial Officer Donna Vieira to highlight the education solutions company’s recent acquisition of Scholly.

Sallie Mae and The Sallie Mae Fund, Inc., in partnership with Thurgood Marshall College Fund, today announced the recipients of the Bridging the Dream Scholarship for Graduate Students. The scholarship provides $10,000 to 10 deserving graduate students who plan to use their degree to advocate for social justice and support their communities.

Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced Chief Financial Officer Pete Graham will speak at the 2024 RBC Capital Markets Global Financial Institutions Conference on Wednesday, March 6, at 3:20 p.m. ET.

Sallie Mae® (Nasdaq: SLM) formally SLM Corporation, today announced its 2024 annual meeting of stockholders will take place on June 18, 2024, at 1 p.m. ET. The annual meeting will be held virtually and will be open to stockholders of record as of the close of business on April 22, 2024.

Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced Chief Executive Officer Jon Witter and Chief Financial Officer Pete Graham will speak at the 2024 UBS Financial Services Conference on Tuesday, Feb. 27, at 1 p.m. ET.

Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today released fourth-quarter and full-year 2023 financial results. Highlights of those results are included in the attached supplement. Complete financial results are available at www.SallieMae.com/investors.

Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced a 2024 first-quarter dividend on its Preferred Stock Series B of $1.8552246 per share. The company also announced a 2024 first-quarter dividend on its common stock of $0.11 per share.

Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, will release fourth-quarter and full-year 2023 financial results after market close on Wednesday, Jan. 24, 2024.

Sallie Mae® today announced a $1 million research endowment to Delaware State University (DSU) to help close the college completion gap. The grant from The Sallie Mae Fund will support a comprehensive three-year “Persistence and Completion Pilot Program” that will study and identify barriers to degree completion, help students return to school and complete, and help advance policy recommendations and best practices to enhance student re-engagement.

The Free Application for Federal Student Aid (FAFSA®) is the gateway to accessing more than $100 billion in grants, scholarships, and federal financial aid for higher education, and a new, streamlined application will be available on Dec. 31. Now is the time for families to get prepared to complete this all-important form, and Sallie Mae has a free, step-by-step guide to help families get in line for free money for higher education.

Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, will host an investor forum on Tuesday, Dec. 12, 2023 at 4:30 p.m. ET to discuss the evolution of its balance sheet and capital allocation strategy.

Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced the appointments of Dr. Janaki Akella, Christopher T. Leech, and Shannon Watkins to its board of directors, effective Jan. 2, 2024.

Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced CEO Jon Witter will speak at the 2023 Stephens Annual Investment Conference in Nashville on Thursday, Nov. 16, at 10 a.m. ET.

To commemorate National Scholarship Month, Sallie Mae, today announced the latest recipients of its Bridging the Dream Scholarship for High School Seniors. The Sallie Mae Fund -- the company's charitable arm -- has partnered with Thurgood Marshall College Fund for the last three years to award scholarships to deserving, under-resourced and underrepresented students.

Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today released third-quarter 2023 financial results. Highlights of those results are included in the attached supplement. Complete financial results are available at www.SallieMae.com/investors.

Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced a 2023 fourth-quarter dividend on its Preferred Stock Series B of $1.8634019 per share. The company also announced a 2023 fourth-quarter dividend on its common stock of $0.11 per share.

Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, will release third-quarter 2023 financial results after market close on Wednesday, Oct. 25, 2023.

Sallie Mae®, through its charitable arm The Sallie Mae Fund, Inc., is contributing $200,000 to HBCU Week Foundation, Inc. to support access to Historically Black Colleges and Universities (HBCUs). Specifically, The Sallie Mae Fund is sponsoring the HBCU Week College Fair in Wilmington, Del., on Sept. 22 and the HBCU College Fair in Atlanta, Ga, on Oct. 6. The events are expected to draw more than 12,000 college seeking students and will connect them with information on HBCUs, scholarships, and on-the-spot college acceptances.

Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced CEO Jon Witter will speak at the 2023 Barclays Global Financial Services Conference in New York on Tuesday, Sept. 12, at 10:30 a.m. ET.

Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced Pete Graham as its next Chief Financial Officer. Graham will join the company on Sept. 18 as an Executive Vice President and will officially assume the role of Chief Financial Officer on Oct. 27. He will be responsible for finance, accounting, and treasury activities, as well as equity and fixed income investor relations. He will also serve as the lead financial spokesperson for the company.

Families reported spending $28,026 on college for academic year 2022-23—an 11% increase from $25,313 in 2021-22— and covered half of expenses with income and savings, according to new data in “How America Pays For College 2023,” the annual study from Sallie Mae® and Ipsos. Scholarships and grants were used by 76% of families and covered 29% of costs, and 41% of families reported borrowing for college, covering 19% of costs.

Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today released second-quarter 2023 financial results. Highlights of those results are included in the attached supplement. Complete financial results are available at www.SallieMae.com/investors.

Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today announced it has acquired several key assets of top scholarship search app, Scholly. In addition to Scholly’s industry-leading scholarship search and app, Sallie Mae will acquire Scholly’s scholarship administration technology, and Scholly Offers, a platform that matches users with strategic partners to help them earn cash back.

Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced a 2023 third-quarter dividend on its Preferred Stock Series B of $1.8421543 per share. The company also announced a 2023 third-quarter dividend on its common stock of $0.11 per share.

Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, has named Munish Pahwa Executive Vice President and Chief Risk Officer. Pahwa will be accountable for the company’s integrated risk and compliance function and maintaining strong relationships with regulators. He succeeds Kerri Palmer, who was named Chief Operational Officer and President of Sallie Mae Bank earlier this year.

Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, will release second-quarter 2023 financial results after market close on Wednesday, July 26, 2023.

The Sallie Mae Fund, the charitable arm of Sallie Mae, in partnership with Thurgood Marshall College Fund, is again providing at least 260 Completing the Dream scholarships worth up to $650,000 to help students from underserved communities complete their higher education. Applications will be accepted until all scholarship funds are awarded or by June 28, 2024.

Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today provided LIBOR transition updates for its Floating-Rate Non-Cumulative Preferred Stock, Series B, and its floating-rate asset-backed securities:

Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced CEO Jon Witter will speak at the 2023 Morgan Stanley US Financials, Payments & CRE Conference on Monday, June 12, at 11 a.m. ET.

Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today released first-quarter 2023 financial results. Highlights of those results are included in the attached supplement. Complete financial results are available at www.SallieMae.com/investors.

Sallie Mae®, formally SLM Corporation, today released its Environmental, Social, and Governance (ESG) report: “Powering Confidence.” The report’s title is a nod to Sallie Mae’s mission to power confidence in students and families on their unique higher education journey and highlights the company’s continued mission-aligned efforts to support customers, communities, employees, and the environment.

Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced a 2023 second-quarter dividend on its Preferred Stock Series B of $1.6971444 per share. The company also announced a 2023 second-quarter dividend on its common stock of $0.11 per share.

Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced Chief Financial Officer Steve McGarry will speak at the 2023 Barclays Americas Select Conference on Tuesday, May 9, at 10:15 a.m. ET.

Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, will release first-quarter 2023 financial results after market close on Wednesday, April 26, 2023.

Sallie Mae (Nasdaq: SLM), formally SLM Corporation, announced today that Steven J. McGarry, executive vice president and chief financial officer, has entered into a retention agreement with the company. He will remain an employee of Sallie Mae and continue to serve as CFO through February 2024 when he plans to retire. During this time, McGarry will assist with the selection of the next CFO and will facilitate the orderly transition of the role to his successor.

Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced Chief Financial Officer Steve McGarry will speak at the 2023 RBC Capital Markets Global Financial Institutions Conference on Wednesday, March 8, at 2:40 p.m. ET.

Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced its 2023 annual meeting of stockholders will take place on June 20, 2023 at 1 p.m. ET. The annual meeting will be held virtually and will be open to stockholders of record as of the close of business on April 21, 2023.

The Sallie Mae Fund, the charitable arm of Sallie Mae – in partnership with Thurgood Marshall College Fund, is now accepting applications for two college scholarship programs to help students with financial need, or those from underserved communities, access higher education:

Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today released fourth-quarter and full-year 2022 financial results. Highlights of those results are included in the attached supplement. Complete financial results are available at www.SallieMae.com/investors.

Sallie Mae® (Nasdaq: SLM) today announced Chief Financial Officer Steve McGarry will speak at the Credit Suisse Financial Services Forum on Tuesday, Feb. 14, at 8:35 a.m. ET.

Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced a 2023 first-quarter dividend on its Preferred Stock Series B of $1.6090725 per share. The company also announced a 2023 first-quarter dividend on its common stock of $0.11 per share.

Sallie Mae, through its charitable arm The Sallie Mae Fund, Inc. today announced the recipients of its Bridging the Dream Scholarship for Graduate Students. The scholarship, in partnership with Thurgood Marshall College Fund, provides $10,000 to 10 deserving graduate students who plan to use their degree to advocate for social justice and support their communities.

Sallie Mae® (Nasdaq: SLM) will release fourth-quarter and full-year 2022 financial results after market close on Wednesday, Feb. 1, 2023.

Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, has named Kerri Palmer Chief Operational Officer, and President of Sallie Mae Bank. Palmer is a member of the company’s leadership team, most recently serving as Chief Risk Officer. She succeeds Dan Kennedy, who has served as Chief Operational Officer since August 2020 and Bank President since January 2021.

Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced the appointment of R. Scott Blackley to its board of directors, effective immediately.

In celebration of National Scholarship Month, Sallie Mae today announced the 25 recipients of its Bridging the Dream Scholarship for High School Seniors. The scholarship, in partnership with Thurgood Marshall College Fund, provides 25 deserving students from historically underserved communities with $10,000 each to help them access higher education.

Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today released third-quarter 2022 financial results. Highlights of those results are included in the attached supplement. Complete financial results are available at www.SallieMae.com/investors.