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 (SLM) declared a fourth-quarter 2026 common stock dividend of $0.13 per share, payable December 15, 2026.
The company also declared a fourth-quarter 2026 Preferred Stock Series B dividend of $1.4939647 per share. Both dividends will be paid to the respective stockholders of record at the close of business on December 4, 2026.
Sallie Mae (Nasdaq: SLM) will release third-quarter 2026 financial results after market close on Thursday, Oct. 22, 2026. A live audio webcast is scheduled for 5:30 p.m. ET that day. The earnings release, presentation slides and webcast replay will be available at SallieMae.com/investors.
Sallie Mae (SLM) highlighted the opening of the 2027–28 FAFSA and offered guidance for students seeking college financial aid.
Completing the form is a first step toward federal, state and school-based aid for the 2027–28 school year. Some aid has limited funding or priority deadlines, so Sallie Mae encourages early filing. The company said only 25% of families know the form opens in the fall, while 26% skipped it last year. This year's form includes a shorter application, an aid eligibility estimate after submission and pre-filled information for returning students. Sallie Mae also offers free webinars and a FAFSA guide.
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.