Aspiring Young Musician Wins $25,000 for College Tuition from Upromise Apr 18, 2008
Upromise is a wholly owned subsidiary of SLM Corporation (NYSE: - ), commonly known as Sallie Mae, the nations leading provider of saving-and-paying-for-college programs. Upromise is headquartered in Newton, Mass. (Yahoo! Wire -- Entertainment News)
Johnson & Perkinson Announces Commencement of Class Action Litigation Naming Sallie Mae Corp. Mar 4, 2008
March 3, 2008 (PRIME NEWSWIRE) -- Johnson & Perkinson hereby announces the commencement of a class action lawsuit naming SLM Corporation (``Sallie Mae'' or the ``Company'') (NYSE: - ). Individuals, families, trusts or other entities that purchased Sallie Mae common stock between January 18, 2007 and January 3, 2008, inclusive, have the opportunity to participate as Lead Plaintiffs in the currently pending class action litigation against the Company. (Primezone Releases)
The Brualdi Law Firm P.C. Announces Class Action Lawsuit Against SLM Corporation Feb 9, 2008
NEW YORK, Feb. 8, 2008 (PRIME NEWSWIRE) -- The Brualdi Law Firm P.C. announces that a class action lawsuit was commenced in the U.S. District Court for the Southern District of New York on behalf of investors who purchased the common stock of SLM Corporation (``Sallie Mae'' or the ``Company'') (NYSE: - ) during the period from January 18, 2007 through January 3, 2008, inclusive (the ``Class Period''). ADVERTISEMENT. (Primezone Releases)
Education Management LLC Reports Fiscal 2008 Second Quarter Results Feb 8, 2008
Recent Developments Through a Current Report on Form 8-K filed with the Securities and Exchange Commission on January 24, 2004, the Company announced that it received notification from SLM Corporation that SLM Corporation is terminating its Discount Loan Program with the Company and plans to modify the underwriting criteria used in its standard private loan programs. Conference Call and Webcast Education Management will host a conference call to discuss its fiscal 2008 second quarter on Friday,... (PR Newswire)
Sallie Mae to Raise $2.5 Bil in Stocks Dec 27, 2007
The Reston, Virginia-based company, officially known as SLM Corporation, saw its shares sink to a five-year low last week. That came after the company's chief executive failed to provide enough details about the company's plans in the wake of a failed 25 billion dollar buyout deal. (WTKR.com, VA)
Sallie Mae Names Albert Lord Chief Executive Officer Dec 15, 2007
Dec. 14 /PRNewswire-FirstCall/ -- SLM Corporation (NYSE: SLM) announced that its Board of Directors has added the Chief Executive Officer title and responsibilities to its Executive Chairman Albert L. Lord ... " SLM Corporation (NYSE: ), commonly known as Sallie Mae, is the nation's leading provider of saving- and paying-for-college programs. The company manages more than $160 billion in education loans and serves nearly 10 million student and parent customers. Through its Upromise affiliates,... (PR Newswire)
SLM Corporation Files Lawsuit Relating to Merger Oct 9, 2007
Oct. 8 /PRNewswire-FirstCall/ -- SLM Corporation (NYSE: SLM), known as Sallie Mae, announced today that it has filed a lawsuit in Delaware Chancery Court against the buyer group, which includes J.C. Flowers JPMorgan Chase and Bank of America ... Albert L. Lord, Chairman of Sallie Mae's Board of Directors, said "We regret bringing this suit. Sallie Mae has honored its obligations under the merger agreement. We ask only that the buyer group do the same. We are prepared to close under the contract... (PR Newswire)
Deal at risk, buyers warn Sallie Mae Sep 27, 2007
In a statement, Sallie Mae's parent, the SLM Corporation, said that it "firmly believes that the buyer group has no contractual basis to repudiate its obligations under the merger agreement and intends to pursue all remedies available to it to the fullest extent permitted by law.". The investor group may be taking a risk by claiming it is prepared to walk away. (International Herald Tribune)
SLM Corporation to Release 2007 Second-Quarter Earnings Results On July 17 Jul 11, 2007
July 10 /PRNewswire-FirstCall/ -- SLM Corporation (NYSE: SLM), commonly known as Sallie Mae, today announced that it will release its 2007 second-quarter earnings package prior to the opening of U.S. stock markets on Tuesday, July 17, 2007 ... The Company's security holders and other interested parties may also obtain, without charge, a copy of the proxy statement and other relevant documents by directing a request by mail or telephone to Investor Relations, SLM Corporation, 12061 Bluemont Way,... (PR Newswire)
SLM Corporation (NYSE: SLM) Announces Dividends May 18, 2007
May 17 /PRNewswire-FirstCall/ -- SLM Corporation (NYSE: SLM), commonly known as Sallie Mae, today announced a 2007 third-quarter dividend on its Preferred Stock Series A of $0 ... On March 31, 2007, SLM Corporation had 411 million shares of voting common stock, 3 ... SLM Corporation (NYSE: ), commonly known as Sallie Mae, is the nation's leading provider of saving- and paying-for-college programs. (PR Newswire)
Loan official at Education Department steps down May 9, 2007
Shaw previously worked at student loan giant Sallie Mae, also known as SLM Corporation. Critics in Congress and student advocates have complained that the department has too many people with ties to the student loan industry in charge of overseeing that industry. (CNN -- Education)
The Sallie Mae Fund Provides $50,000 Contribution to IPS School 51 Apr 25, 2007
SLM Corporation (NYSE: - ), commonly known as Sallie Mae, is the nation's leading provider of saving-and paying-for-college programs ... SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America. (Yahoo! Wire -- Entertainment News)
Banks and equity firms to acquire Sallie Mae Apr 16, 2007
The deal would move Sallie Mae, officially known as SLM Corporation, into private control amid increasing turmoil for the company. The deal was expected to be announced Monday, the people said. (International Herald Tribune -- Business)
Student loans a touchy business Apr 16, 2007
Last week, Cuomo announced a $2 million settlement with the SLM Corporation, or Sallie Mae, the country's largest student lender, in which the company agreed to stop paying college financial aid officers who serve on its advisory boards and to discontinue the practice of providing staff support to schools. Cuomo, members of Congress and the U.S. Department of Education are looking into whether undisclosed financial arrangements between schools and lenders undermine the best interests of students... (SunSpot.net)
Local schools avoid shady loan deals Apr 14, 2007
Among them, according to the press release, were "revenue sharing agreements, university call center staffing by lender employees, gifts and trips from lenders to financial aid directors, and even apparent stock tips to financial aid officers." Two lenders, Citibank and Sallie Mae, (SLM Corporation) dominate the student loan market, having made 22% of all private student loans nationwide in 2006 ... It became the SLM Corporation and began privatizing its operations in 1997, and government ties... (Hillsdale Independent, NY)
Sallie Mae Said to Talk to Suitors Apr 13, 2007
Sallie Mae, officially the SLM Corporation, was created by Congress in 1972 to support a secondary market for student loans issued by private lenders, much the way Fannie Mae and Freddie Mac support the housing market. It was privatized in the 1990s, becoming fully independent as a publicly traded company by 2004. (Shoals TimesDaily)
SLM Corporation Announces Filing of Form 10-K Mar 24, 2007
March 23 /PRNewswire-FirstCall/ -- SLM Corporation (NYSE: SLM), commonly known as Sallie Mae, today announced that it has filed its Form 10-K with the Securities Exchange Commission ... SLM Corporation (NYSE: ), commonly known as Sallie Mae, is the nation's leading provider of saving- and paying-for-college programs ... SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America. (PR Newswire)
Student Loans Target Of Investigation Mar 17, 2007
The lenders under investigation include California-based Education Finance Partners, and its ties to some 65 schools, along with the nation's largest student loan provider, SLM Corporation, better known as Sallie Mae. The other key lenders" being investigated are NelNet, also a public company, EduCapp, CIT, and The College Board. All say they are cooperating with the probe. The schools targeted in the investigation range from Boston University and Syracuse in the East, to Pepperdine to Clemson... (CBS News)
Sallie Mae Chairman Sells 400,000 Shares Feb 6, 2007
Feb. 5 /PRNewswire-FirstCall/ -- SLM Corporation announced that Albert L. Lord, chairman, sold 400,000 shares of SLM common stock, less than 5 percent of his holdings, on the open market in transactions that were completed last week ... (Logo: ) SLM Corporation (NYSE: ), commonly known as Sallie Mae, is the nation's leading provider of saving- and paying-for-college programs ... SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America. (PR Newswire)
Sallie Mae CEO Tim Fitzpatrick Sends Open Letter to Student Loan Consumers Jan 25, 2007
Sincerely, Tim Fitzpatrick CEO, Sallie Mae SLM Corporation (NYSE: ), commonly known as Sallie Mae, is the nation's leading provider of saving- and paying-for-college programs ... SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America. (PR Newswire)
