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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 its annual "How America Pays for College 2025" study, revealing that families spent an average of $30,837 on college during 2024-25, a 9% increase from the previous year. Family income and savings covered 48% of costs, followed by scholarships/grants (27%), borrowing (23%), and family/friend contributions (2%).
While 89% of families view college as a worthwhile investment, the study highlighted concerning trends: FAFSA completion rates dropped to 71%, and 40% of families didn't utilize scholarships. Additionally, 48% of families borrowed for college, with 42% of federal loan borrowers expecting loan forgiveness.
Sallie Mae (Nasdaq: SLM), the leading private student lending company, has announced its second quarter 2025 financial results. The company will host an earnings conference call on July 24, 2025, at 5:30 p.m. ET, where executives will discuss quarterly highlights and address questions about the company's performance.
The financial results and related materials are available on SallieMae.com/investors and the SEC's website. A live audio webcast of the conference call with presentation slides will be accessible through the company's investor website, with a replay available approximately two hours after the call concludes.
Sallie Mae (Nasdaq: SLM), the leading private student lending company, has declared dividends for both its Preferred Stock Series B and common stock for the third quarter of 2025. The company will pay a dividend of $1.5853186 per share on its Preferred Stock Series B and a dividend of $0.13 per share on its common stock. Both dividends are scheduled for payment on September 15, 2025, to stockholders of record as of September 4, 2025.
Sallie Mae (Nasdaq: SLM), the leading private student lending company, has scheduled the release of its second-quarter 2025 financial results for Thursday, July 24, 2025, after market close. 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 a replay of the webcast will be available on the company's investor relations website.
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.