Sallie Mae Bank to Award More Than $100,000 in College Scholarships to Undergraduate and Graduate Students in Utah

Bank Accepting Applications from Students Pursuing Degrees in High-Demand Professions

Friday, January 18, 2019 1:00 pm EST

Dateline:

SALT LAKE CITY

Public Company Information:

NASDAQ:
SLM
"As a company dedicated to helping families save, plan, and responsibly pay for college, we are pleased to again offer our scholarship program here in Utah"

SALT LAKE CITY--(BUSINESS WIRE)--Sallie Mae Bank has begun accepting applications for its annual Utah Scholarship Program, which will award more than $100,000 in scholarships for the 2019-20 academic year. The Bank will award $5,000 scholarships to Utah students whose courses of study will lead them to careers in some of Utah’s most in-demand professions. Since its inception in 2007, the program has awarded more than $1 million to Utah students.

Sallie Mae Bank’s Utah Scholarship Program is available to full-time students in undergraduate or bachelor’s degree programs in nursing, respiratory therapy, teaching, engineering, or technology. Applicants must be U.S. citizens; have a GPA of 3.25 or higher; and be attending an accredited institution. Applicants must also submit an essay describing their academic and career goals, community service, and include a copy of their most recent Free Application for Federal Student Aid (FAFSA). For complete rules and entry instructions, contact scholarshipsSMB@salliemae.com.

Entries must be postmarked on or before April 5, 2019 and submitted via U.S. mail to:

Sallie Mae Bank
Attn: Scholarship Processing
175 S. West Temple, Suite 600
Salt Lake City, Utah 84101

“As a company dedicated to helping families save, plan, and responsibly pay for college, we are pleased to again offer our scholarship program here in Utah,” said Paul Thome, president, Sallie Mae Bank. “These scholarships are an investment in our local community and will help pave the way for our next generation of nurses, teachers, and engineers.”

In addition to the Utah Scholarship Program, Sallie Mae has also provided $50,000 in college scholarships to deserving high school students, in Utah, through the Bridging the Dream Scholarship Program. Most recently, the company visited Taylorsville High School to surprise senior Thanh Le, with a $25,000 scholarship.

Sallie Mae Bank is a wholly owned subsidiary of Sallie Mae, the nation’s saving, planning, and paying for college company. Sallie Mae Bank funds and originates private student loans and offers FDIC-insured online savings accounts and certificates of deposit. Sallie Mae Bank was recently ranked among the best banks by GOBankingRates.com, and named the Best Savings Account of 2019 and one of the 10 Best Online Banks of 2019.

For more information, visit SallieMae.com.

Sallie Mae (Nasdaq: SLM) is the nation’s saving, planning, and paying for college company. Whether college is a long way off or just around the corner, Sallie Mae offers products that promote responsible personal finance, including private education loans, free scholarship search tools, free college financial planning tools, and online retail banking. Learn more at SallieMae.com. Commonly known as Sallie Mae, SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.

Contact:

Antoine L. Oakley
302-451-4916
Antoine.Oakley@SallieMae.com

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