Welcome to our dedicated page for Slm news (Ticker: SLM), a resource for investors and traders seeking the latest updates and insights on Slm stock.
News for SLM Corporation (Nasdaq: SLM), commonly known as Sallie Mae, centers on its role in private student lending, education finance, and public company activities. The company focuses on originating and servicing Private Education Loans that are not made, insured, or guaranteed by state or federal governments, and it regularly issues updates that reflect this focus on education-related finance.
Visitors to this news page can find coverage of corporate and financial announcements, such as quarterly and full-year financial results, earnings conference calls, and dividend declarations on preferred and common stock. SLM Corporation also announces investor events, including investor forums and appearances at financial services conferences, where executives discuss company performance and strategy.
Another important category of news involves strategic partnerships and capital markets activity. For example, the company has announced a multi-year private credit strategic partnership with KKR, under which KKR expects to purchase portfolios of private education loans using KKR-managed credit funds and accounts. These items highlight how SLM Corporation manages funding and loan origination capacity in the private education loan market.
SLM Corporation also issues news related to scholarships, community programs, and financial literacy. Press releases describe scholarship awards through The Sallie Mae Fund’s Bridging the Dream Scholarship Program and Completing the Dream Scholarship Program, as well as guidance on topics such as scholarship myths and the FAFSA process. These updates reflect the company’s stated focus on expanding access, affordability, and college completion.
By following this page, readers can review a stream of company-issued news about SLM’s financial results, investor communications, partnerships, scholarship initiatives, and educational resources, all in one place.
Sallie Mae (Nasdaq: SLM) will announce its second-quarter financial results after market closure on July 27, 2022. A live webcast with presentation slides will take place on July 28, 2022, at 8 a.m. ET. Investors are encouraged to log in 15 minutes early. The earnings release will be accessible on SallieMae.com/investors, with a replay expected two hours post-call. Sallie Mae is committed to facilitating education through private student lending solutions.
The Sallie Mae Fund and Thurgood Marshall College Fund are offering scholarships totaling up to $650,000 for the academic year 2022-23. These funds are aimed at supporting students from historically underserved communities to overcome financial barriers to completing their post-secondary education. Eligible students can receive up to $2,500 to address unforeseen expenses. The application period is open until May 31, 2023, or until funds are exhausted. The initiative is part of a broader $3 million commitment by the Sallie Mae Fund to assist students in achieving their educational goals.
“How America Completes College” is a national study by Sallie Mae and Ipsos revealing key reasons for student dropouts. The study shows that 40% of non-completers face changes in focus or motivation, while 19% cite financial concerns, and 14% mention mental health challenges. Notably, 74% of completers decided to attend college before high school, contrasting with 55% of non-completers. Additionally, 42% of completers had a financial plan versus only 26% of non-completers. This research underscores the importance of understanding dropout factors to improve graduation rates.
Sallie Mae (Nasdaq: SLM) has awarded nearly
First-Quarter Results Highlights:
SLM reported a
Sallie Mae (Nasdaq: SLM) has declared a second-quarter 2022 dividend of $0.11 per share for common stock and $0.6605370 for Preferred Stock Series B. The dividends will be paid on June 15, 2022, to stockholders recorded as of June 3, 2022. The company continues its commitment to financing education and helping customers achieve lifelong learning goals.
Sallie Mae (Nasdaq: SLM) will announce its first-quarter financial results after market close on
Sallie Mae focuses on providing financing for education, aiming to support access to college and lifelong learning.
Sallie Mae (Nasdaq: SLM) has appointed William Wolf as its new Chief People Officer, effective March 28. He succeeds Bonnie Rumbold, who held the position since 2014. Wolf brings over 20 years of HR experience, previously serving at Santander U.S. and Credit Suisse. His role will focus on enhancing Sallie Mae's workplace culture and driving strategies for diversity and inclusion. CEO Jon Witter emphasized the importance of fostering a strong company culture during this pivotal moment for Sallie Mae as it evolves as an education solutions provider.
Sallie Mae (Nasdaq: SLM) has announced that its 2022 annual meeting of stockholders is set for June 21, 2022, at 1 p.m. ET. The meeting will be held virtually, and only stockholders on record as of April 22, 2022 can attend. Further details will be provided in the proxy statement to be filed with the Securities and Exchange Commission later in April. Sallie Mae focuses on providing financial support for education, helping customers achieve goals beyond college.
Sallie Mae (Nasdaq: SLM) has announced that CFO Steven McGarry will speak at the RBC Capital Markets Global Financial Institutions Conference on March 8, 2022, at 2 p.m. ET. A live audio webcast and replay, along with presentation slides, will be available on SallieMae.com/investors. The company is a leader in private student lending, aiming to enhance educational access and support lifelong learning. More information can be found on their official website.