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.
October marks the launch of the FAFSA® application, a crucial step for gaining access to over $150 billion in federal financial aid. However, research shows that 61% of college-going families are unaware it opens on October 1, and nearly a third skip it altogether. To address this, Sallie Mae has partnered with Embark to create a free online tool that streamlines the application process, reducing the time to complete the FAFSA® from 55 minutes to less than 20 minutes. This initiative aims to increase awareness and ease the process for families seeking financial aid.
Sallie Mae (Nasdaq: SLM) is set to announce its third-quarter financial results after market close on October 21, 2020. A conference call will follow on October 22, 2020, at 8 a.m. EDT, accessible via phone or webcast. Investors can participate using the dial-in details provided, and a replay will be available shortly after the call, lasting until November 5, 2020. Sallie Mae positions itself as a leader in private student lending, emphasizing its commitment to education financing and lifelong learning.