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SLM Corporation, commonly known as Sallie Mae, reports developments tied to private education lending, student-loan servicing and resources for families financing higher education. Company news includes updates to Sallie Mae Graduate Loan, Law School Loan, Medical School Loan and Dental School Loan products, repayment features, prequalification, scholarships through The Sallie Mae Fund, and research on college planning and education affordability.
Recurring announcements also cover quarterly financial results, guidance, senior-note and other capital-structure actions, shareholder voting matters, leadership appointments, and governance or legal-risk developments involving the Sallie Mae brand and its subsidiaries.
Sallie Mae (Nasdaq: SLM) released findings from “How America Pays for College 2026,” its annual study with Ipsos of 1,000 undergraduates and 1,000 parents. For the 2025-26 year, families reported average college spending of $34,019, up from $30,837, paying costs through a mix of income and savings (49%), scholarships and grants (27%), borrowing (22%), and gifts (2%).
91% of families view college as a valuable investment and 84% feel confident in their payment decisions. Overall, 58% created a multi‑year payment plan, 47% borrowed, and 74% completed the FAFSA, though only 25% know it opens in October. The study also highlights persistent misconceptions about scholarship availability and FAFSA timing.
Sallie Mae (Nasdaq: SLM) announced the release of its second quarter 2026 financial results, with full materials available on the company’s investor website and the SEC’s site.
The company will host an earnings conference call on July 23, 2026 at 5:30 p.m. ET, including a live audio webcast and presentation slides accessible via its investor page and the hosting website. A replay will be posted about two hours after the call concludes.
Sallie Mae describes itself as a leader in private student lending, focused on financing and resources for education and life-long learning, and notes that SLM Corporation and its subsidiaries are not sponsored by or agencies of the U.S. government.
Sallie Mae (Nasdaq: SLM) declared its 2026 third-quarter dividends, announcing a dividend of $1.4393042 per share on its Preferred Stock Series B and $0.13 per share on its common stock. Both dividends will be paid on September 15, 2026 to shareholders of record as of September 4, 2026, according to Sallie Mae.
Sallie Mae (Nasdaq: SLM) will release its second-quarter 2026 financial results after market close on Thursday, July 23, 2026. A live audio webcast and presentation slides are scheduled for 5:30 p.m. ET, accessible via SallieMae.com/investors.
A replay and the earnings news release will also be available online.
Sallie Mae (Nasdaq: SLM) selected Nova Credit’s Income Navigator to support income verification within its private student loan underwriting process. The solution enables quicker, more accurate income checks, giving a fuller view of applicants’ finances and, according to both companies, supporting responsible access to higher-education financing.
Sallie Mae (Nasdaq: SLM) launched a new Parent Loan on June 30, 2026 to help families cover college and graduate school costs as federal loan programs evolve.
The loan targets credit-qualified parents and other individuals, offering competitive rates, no origination fees, flexible repayment, and coverage up to 100% of school-certified attendance costs.
Sallie Mae (Nasdaq: SLM), through The Sallie Mae Fund, expanded its Bridging the Dream Scholarship for Graduate Students, doubling awards to 20 scholarships of up to $10,000 each, for up to $200,000 total.
The Fund will also award 50 Completing the Dream Scholarships of up to $2,500. Applications, administered by Thurgood Marshall College Fund, are open through July 17, 2026. Since 2021, nearly 1,000 scholarships and about $5 million have been awarded.
Sallie Mae (Nasdaq: SLM) announced that Co-President and Chief Financial Officer Pete Graham will speak at the 2026 Morgan Stanley US Financials Conference on Wednesday, June 10, at 7:30 a.m. ET.
A live audio webcast and replay will be available at SallieMae.com/investors.
Sallie Mae (Nasdaq: SLM) announced final results and expiration of its cash tender offer for its 3.125% senior notes due 2026. As of the May 12, 2026 expiration, holders tendered $448,412,000, or 89.68% of notes outstanding, excluding $226,000 subject to guaranteed delivery.
The company will pay $995.83 per $1,000 principal plus accrued interest on May 15, 2026, subject to completion of a new senior notes offering whose proceeds will fund the repurchase.
Sallie Mae (Nasdaq: SLM) announced final pricing terms for its cash tender offer to purchase any and all of its outstanding 3.125% senior notes due 2026 (principal $500 million).
The purchase price is $995.83 per $1,000 principal, based on a 3.786% reference yield plus a 25 bps spread, with expected settlement on May 15, 2026, subject to completion of a new senior notes offering.