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2Futuro Announces $2,000 in Scholarship Awards

   Sallie Mae logo. (PRNewsFoto/Sallie Mae) (Newscom TagID: prnphotos052857)

RESTON, VA UNITED STATES
 Students Are First Recipients of Scholarships Awarded Monthly by Nation's
        Only Fully Bilingual College-Financing and Outreach Program

    RESTON, Va., July 6 /PRNewswire/ -- 2Futuro is pleased to announce the
awards of two scholarships of $1,000 each to Mayra Alvarez, a student at
California State University, Los Angeles, and Jason Gates, a student at the
University of Oklahoma Health Sciences Center in Oklahoma City. They are
the first recipients of scholarships awarded through random monthly
drawings that 2Futuro conducts as part of its commitment to providing
access to higher education.
    (Logo: http://www.newscom.com/cgi-bin/prnh/20030617/SLMLOGO-a)
    "I am happy and honored to have been selected the winner of one of the
monthly $1,000 2Futuro scholarships," said Alvarez. The first in her family
to attend college, Alvarez will graduate next year with a bachelor's degree
in sociology and plans to pursue a master's degree in social work. "This
scholarship will help me pay for registration fees and textbooks, and will
allow me to start the next semester in a more comfortable financial
situation," she said.
    2Futuro is the only fully bilingual college-financing and outreach
program that enables parents and students to apply for college loans in the
language they most prefer-Spanish or English. 2Futuro is a joint venture
between Sallie Mae, the nation's leading provider of education funding, and
USA Funds, the nation's leading education-loan guarantor.
    The program also offers dedicated Spanish-language customer support to
students, parents and financial aid administrators. 2Futuro assists
students - in both English and Spanish - in accessing a post-secondary
education so that they can achieve their dreams. 2Futuro helps students to
find scholarships (such as those offered via drawings on http://www.2Futuro.com)
along with financial aid and repayment information to help them plan and
pay for college.
    More than 60 schools nationwide have used 2Futuro to assist students
and their families.
    "We are pleased to award these scholarships to Mayra and Jason. 2Futuro
is proud to help make the dream of attending college an affordable reality
for bilingual students and their families," said Sergio Sanchez, director,
2Futuro. "2Futuro also helps schools increase enrollment, retention, and
graduation rates by reaching out to Hispanics, who represent the fastest-
growing student segment in higher education today."
    Information about 2Futuro is available online at http://www.2Futuro.com, or by
calling 888/2FUTURO (888/238-8876).
    SLM Corporation (NYSE: SLM), commonly known as Sallie Mae, is the
nation's leading provider of saving- and paying-for-college programs. The
company manages $150 billion in education loans and serves nearly 10
million student and parent customers. Through its Upromise affiliates, the
company also manages $17 billion in 529 college-savings plans, and over 7.5
million members have joined Upromise to help save for college with rewards
on purchases at nearly 70,000 places. Sallie Mae and its subsidiaries offer
debt management services as well as business and technical products to a
range of business clients, including higher education institutions, student
loan guarantors and state and federal agencies. More information is
available at http://www.salliemae.com. SLM Corporation and its subsidiaries are
not sponsored by or agencies of the United States of America.
    Headquartered in Indianapolis, USA Funds is a nonprofit corporation
that works to enhance postsecondary-education preparedness, access and
success by providing and supporting financial and other valued services.
During the year ending Sept. 30, 2006, USA Funds guaranteed education loans
totaling $27.3 billion for students and parents throughout the nation. USA
Funds also invests more than $16 million annually in scholarships and
outreach programs that advance its mission of support to higher education.
For more information about USA Funds, visit http://www.usafunds.org.


SOURCE Sallie Mae




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Related links:
  • http://www.salliemae.com
  • http://www.2Futuro.com
  • http://www.usafunds.org
    Photo Notes:
    NewsCom: http://www.newscom.com/cgi-bin/prnh/20030617/SLMLOGO-a
    AP Archive: http://photoarchive.ap.org PRN Photo Desk
    photodesk@prnewswire.com
  • http://www.prnewswire.com/comp/827187.html
    CONTACT:
    Beth Guerard of Sallie Mae, +1-703-984-5621,
    beth.guerard@slma.com; or Bob Murray of USA Funds,
    +1-317-806-1283, bmurray@usafunds.org