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

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Contribution Will Support the Nonprofit's School Mentoring Program

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.

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