Sallie Mae Employees, The Sallie Mae Fund Contribute $1 Million to The United Way

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Sallie Mae Employees, The Sallie Mae Fund Contribute $1 Million to The United Way

		Sallie Mae logo. (PRNewsFoto/Sallie Mae) (Newscom TagID: prnphotos052857) RESTON, VA UNITED STATES

    RESTON, Va., Dec. 19 /PRNewswire/ -- In 2007, Sallie Mae employees
reached into their hearts and wallets to provide crucial assistance to
families and communities across the country: with matching grants from The
Sallie Mae Fund, combined giving to the United Way totaled $1 million.
Employees donated nearly $650,000 through payroll deductions in 2007 and
The Sallie Mae Fund, a charitable organization sponsored by Sallie Mae,
gave more than $350,000.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20030617/SLMLOGO-a )

    The gifts from Sallie Mae employees and The Sallie Mae Fund help United
Way in its effort to improve the quality of life for children and families
by uniting effective partners, wise investments, and committed volunteers
to create measurable differences in local neighborhoods. Since 2005, Sallie
Mae employees and The Sallie Mae Fund have donated more than $2.7 million
to the United Way.

    "The Sallie Mae Fund is proud to honor the philanthropic commitment of
more than 12,000 Sallie Mae employees nationwide by providing additional
funding to local United Way chapters," said Kathleen deLaski, president of
The Sallie Mae Fund. "Along with our important efforts to increase access
to higher education for deserving students, The Fund aims to bolster
employee volunteerism and community service in the communities where Sallie
Mae employees live and work."

    Beneficiaries of Sallie Mae/The Sallie Mae Fund campaigns since 2005
include United Way chapters located in and around:



    * Chemung and Steuben Counties, N.Y.
    * Cincinnati, Ohio
    * Denver, Colo.
    * Eastern Massachusetts
    * Ft. Hood, Texas
    * Indianapolis, Ind.
    * Johnson County, Iowa
    * King County, Wash.
    * Maricopa County, Ariz.
    * Northwest Florida
    * Southern Nevada
    * Washington, D.C.
    * Wyoming Valley, Pa.

    Across the nation, 1,350 United Way chapters identify and build on
community strengths, help individuals and groups find ways to contribute
their time and talents and support community development efforts. One such
effort is United Way "Success By 6," the nation's largest network of early
childhood coalitions working to improve young children's readiness for
school.

    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 $160 billion in education loans and serves nearly 10
million student and parent customers. Through its Upromise affiliates, the
company also manages $19 billion in 529 college-savings plans, and 8
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.

SOURCE Sallie Mae

http://www.salliemae.com/
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@salliemae.com