17:11 | 10.11.2017
Sallie Mae Thanks Veterans and Honors Military Servicemembers with $50,000 Grant to Folds of Honor

Sallie Mae — the nation’s saving, planning, and paying for college
company — will mark Veterans Day this year with a tribute to military
servicemembers, past and present, and a $50,000 contribution to Folds
of Honor, a national nonprofit organization that provides
scholarships to the spouses and dependent children of servicemembers
fallen or disabled while on active duty. This is the fourth consecutive
year Sallie Mae has observed Veterans Day with a $50,000 gift to Folds
of Honor.

“Our motto is ‘Honor Their Sacrifice and Educate Their Legacy,’ and
partners like Sallie Mae help us put those words into action,” said
Major Dan Rooney, Folds of Honor founder and F-16 fighter pilot who
served three tours of duty in Iraq. “This gift will allow us to support
those who most certainly deserve it, and we can help ensure that no
family is left behind in the pursuit to protect our American freedoms.”

The $50,000 grant from The Sallie Mae Fund, the company’s charitable
foundation, was presented during a ceremony at Sallie Mae’s Newark,
Del., headquarters. Employees gathered to express their gratitude to
veterans and current servicemembers alike, and to share in a moment of
silence that was observed at Sallie Mae offices across the U.S.

“We pause today to recognize the enormous contributions and, in some
cases, supreme sacrifices made by the courageous men and women who have
committed themselves to defending America, and we salute their selfless
service,” said Tim Hanrahan, senior vice president, Sallie Mae. “Folds
of Honor and Sallie Mae share a common desire to help make the dream of
higher education a reality, and it is our distinctive honor to make a
down payment on our future freedom with this gift.”

Sallie Mae demonstrates its commitment to veterans and servicemembers
year-round with resources and benefits for customers and employees in
the military. For customers, the company has a specialized group of
customer service representatives trained to work with military families;
makes it easy for customers to request military benefits; and goes a
step further by proactively providing benefits for eligible customers.

For employees on active duty, Sallie Mae continues salary and benefits
beyond what is required by federal or state law, offers flexible
scheduling to accommodate service schedules, and provides other
assistance. These efforts have been recognized by the Delaware Employer
Support of the Guard and Reserve, which presented its Above and Beyond
Award to the company, and its Patriot Award to four of the company’s

For more information about the benefits and resources available to
military personnel, visit
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, Upromise rewards,
scholarship search, college financial planning tools, and online retail
banking. Learn more at
Commonly known as Sallie Mae, SLM Corporation and its subsidiaries are
not sponsored by or agencies of the United States of America.

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