Sallie Mae Contributes $50,000 to Support Big Brothers Big Sisters of Delaware

Contribution Will Support the Nonprofit’s School Mentoring Program

Wednesday, August 29, 2018 2:04 pm EDT

Dateline:

NEWARK, Del.

Public Company Information:

NASDAQ:
SLM
"As president of the Big Brothers and Big Sisters of Delaware board of directors, I have seen firsthand how crucial and effective these programs are, and I am proud to work for a company dedicated to making a difference."

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae, the nation’s saving, planning, and paying for college company, announced a $50,000 contribution from the company’s charitable arm, The Sallie Mae Fund, to support Big Brothers Big Sisters of Delaware (BBBS). The grant will help fund the expansion of the nonprofit’s School Mentoring Program, which provides mentoring services to more than 350 students in the city of Wilmington.

“Big Brothers Big Sisters of Delaware continues to measure and refine our programs to ensure that we are making the most effective and longest lasting impression possible,” said Mary P. Fox, executive director, Big Brothers Big Sisters of Delaware. “Sallie Mae’s consistent support continues to help us reach more students and further academic growth.”

Since 2014, Sallie Mae has contributed more than $145,000 to Big Brothers Big Sisters of Delaware. In addition to providing grants, the company’s employees consistently participate in various Big Brothers Big Sisters’ initiatives, including the “Holiday Appeal” program, a campaign that provides gifts for needy families facing financial hardships, and the “Bowl for Kids’ Sake” fundraiser, a national effort to raise money in support of Big Brothers Big Sisters as they continue to change how children grow up.

“Sallie Mae is committed to giving back in Delaware: home to our headquarters, a recently opened new office, and hundreds of employees,” said Matt Sullivan, vice president, Sallie Mae. “As president of the Big Brothers and Big Sisters of Delaware board of directors, I have seen firsthand how crucial and effective these programs are, and I am proud to work for a company dedicated to making a difference.”

Sallie Mae has more than 950 employees between its corporate headquarters in Newark and second location in Christiana. For more information, visit www.salliemae.com.

About Sallie Mae

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:

Sallie Mae
Connor Peoples, 302-451-0402
Connor.Peoples@salliemae.com

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