Slm (SLM) Stock News

Sallie Mae (SLM) has announced the continuation of its Completing the Dream Scholarship Program in partnership with Thurgood Marshall College Fund, offering $425,000 in scholarships for the 2025-2026 academic year. The program will award 170 scholarships worth up to $2,500 each to eligible students who are on track to complete their higher education programs. Since 2021, the initiative has distributed nearly $2.5 million through 1,000 scholarships. The program aims to address a critical issue where 48% of students who leave school cite financial challenges as a factor. Applications will be accepted until December 1, 2025, or until all funds are awarded. The scholarships are available for students attending two- or four-year colleges, career training, or other post-secondary education programs.

A new study by Sallie Mae (SLM) and Ipsos titled "How America Succeeds After College 2025" reveals strong post-college outcomes among recent graduates. The report shows that 90% of graduates had a positive college experience, with 82% currently employed and 74% working in their field of study. Among the 47% who borrowed for education, 75% are confident about loan repayment. The study highlights that 94% of graduates are pursuing financial goals, including retirement savings (47%), major purchases (44%), and emergency funds (37%). Key findings indicate that pre-college financial planning correlates with post-graduation success, though only 37% utilized campus career resources. Notably, 83% of graduates worked during college, with internship experience linked to higher success rates in field-related employment.

Sallie Mae (Nasdaq: SLM) has announced two strategic appointments to its board of directors, effective April 23, 2025. Dr. Daniel Greenstein, currently Managing Director of Higher Education at Baker Tilly (US), brings extensive experience in higher education strategy and innovation. He previously served as Chancellor of Pennsylvania State System of Higher Education (2018-2024) and Director at Bill & Melinda Gates Foundation (2012-2018).

Gary Millerchip, currently Executive Vice President and CFO at Costco Wholesale , joins with significant expertise in finance and retail banking. His previous roles include CFO at Kroger (2019-2024) and various leadership positions at Royal Bank of Scotland (1997-2008).

Sallie Mae (Nasdaq: SLM) has announced its first-quarter 2025 financial results and reaffirmed its full-year 2025 guidance. The company, a leader in private student lending, will discuss quarterly highlights during an earnings conference call scheduled for April 24, 2025, at 5:30 p.m. ET.

The complete financial results and related materials are available on the company's investor website and the SEC's website. A live audio webcast of the conference call with presentation slides will be accessible through Sallie Mae's investor portal, with a replay available approximately two hours after the call concludes.

Sallie Mae (Nasdaq: SLM) has announced dividend payments for both its Preferred Stock Series B and common stock for the second quarter of 2025. The company will distribute a dividend of $1.5815446 per share for Preferred Stock Series B and $0.13 per share for common stock. Both dividends are scheduled for payment on June 16, 2025, to stockholders of record as of the close of business on June 5, 2025.

Sallie Mae, the leader in private student lending, focuses on providing financing and resources to support college access and help customers achieve their post-college goals.

Sallie Mae Fund has announced a $50,000 grant to the DC College Access Program (DC CAP Scholars) to support their College Signing Day celebration and mission to increase higher education access and completion rates in D.C. The grant supports DC CAP's 2050 Moonshot Goal of achieving an 80% citywide six-year college graduation rate by 2050.

The College Signing Day event, scheduled for April 11 at Capital One Arena, will gather over 3,000 high school students celebrating their commitment to post-secondary education paths, including four-year colleges, community colleges, certificate programs, and military service. The celebration will feature student recognitions, community leader speeches, and performances by local groups.

Sallie Mae (Nasdaq: SLM), the leading private student lending company, has scheduled the release of its first-quarter 2025 financial results after market close on Thursday, April 24, 2025. The company will host a live audio webcast with presentation slides at SallieMae.com/investors.

Investors are advised to log in 15 minutes before the broadcast. The earnings release and presentation materials will be available on the company's investor relations website, with a replay option provided for those unable to attend the live session.

Sallie Mae (Nasdaq: SLM) has opened applications for its 2025-26 Bridging the Dream Scholarship Program in partnership with Thurgood Marshall College Fund. The program offers 40 scholarships worth $10,000 each for high school seniors and 10 scholarships worth $10,000 each for graduate students.

High school recipients must demonstrate financial need and strong academic achievements, while graduate scholarships target students committed to community impact. The application window remains open until April 25, 2025.

Since 2021, The Sallie Mae Fund has awarded nearly $4 million in scholarships, benefiting over 1,100 students. The company also provides free tools including Scholly Scholarships, a search tool connecting students to thousands of scholarships without registration requirements.

Sallie Mae (Nasdaq: SLM) has announced its 2025 annual meeting of stockholders will be held virtually on June 17, 2025, at 1 p.m. ET. The meeting will be accessible to stockholders of record as of April 21, 2025.

The company plans to file its proxy statement with the Securities and Exchange Commission in late April, which will contain additional meeting details. Sallie Mae, the leader in private student lending, provides financing and resources to support college access and helps customers achieve their post-college goals.