Welcome to our dedicated page for SLM Corporation news (Ticker: SLM), a resource for investors and traders seeking the latest updates and insights on SLM Corporation stock.
SLM Corporation (NASDAQ: SLM), widely known as Sallie Mae, is a leading financial services company in the United States, specializing in saving, planning, and paying for college education. Founded with the mission to provide students and families with tools to achieve their educational goals, Sallie Mae offers a range of products and services aimed at promoting responsible personal finance.
Sallie Mae's core business revolves around private education loans, catering to students who need financial assistance beyond federal loan programs. As the largest student lender in the nation, the company plays a pivotal role in the education financing sector, making and holding student loans through both the guaranteed Federal Family Education Loan Program and private channels.
In addition to their loan services, Sallie Mae provides valuable financial planning tools and resources. These include the Upromise rewards program, which offers cashback on everyday purchases to help families save for college, and a comprehensive scholarship search tool designed to aid students in finding additional funding opportunities. The company also runs college savings programs that encourage families to start planning for education costs early.
Moreover, Sallie Mae engages in debt-management operations, offering accounts receivable and collections services to support effective financial management. Their online retail banking services further extend their commitment to fostering financial literacy and responsibility among their customers.
Recent achievements highlight Sallie Mae's ongoing dedication to innovation and customer service. The company has launched several new initiatives to enhance user experience and streamline the loan application process. Financially, Sallie Mae remains robust, demonstrating consistent performance through strategic partnerships and a diversified portfolio of services.
Despite common misconceptions, SLM Corporation and its subsidiaries operate independently and are not sponsored by or agencies of the United States government. This independence allows Sallie Mae to tailor its products and services to better meet the needs of its clientele.
For those seeking the latest updates and relevant information about Sallie Mae's performance, events, and developments, staying informed through their official website and news releases is highly recommended. Learn more about their offerings and latest news at salliemae.com.
Sallie Mae (Nasdaq: SLM) announces a third-quarter dividend for 2021 of $0.46460 per share on its Preferred Stock Series B and $0.03 per share on its common stock. Dividends will be paid on Sept. 15, 2021, to shareholders of record as of Sept. 3, 2021. The company continues to support education financing and access to college, positioning itself as a leader in private student lending, helping customers reach their educational goals.
Sallie Mae announced enhanced cash back rewards for its Accelerate℠ and Evolve℠ Mastercard® credit cards. The Accelerate℠ card now offers 2% cash back on rewards redeemed to pay down any federal or private student loan, making it one of the most generous options in the market. Additionally, the Evolve℠ card provides 2% cash back in the two highest-spending categories of cardholders. Both cards offer unlimited 1.5% cash back on all purchases, with a $200 bonus after spending $1,000 in the first three months. New rewards will be available for all cardholders.
Sallie Mae (Nasdaq: SLM) released its second-quarter 2021 financial results today. Key highlights will be discussed in an earnings conference call scheduled for July 22, 2021, at 8 a.m. ET. Investors can participate by calling 877-311-0518 (USA) or 470-495-9498 (international). A replay will be available until July 29, 2021. Sallie Mae, a leader in private student lending, emphasizes the importance of education in achieving success. Full results can be found at www.SallieMae.com/investors.
Sallie Mae (Nasdaq: SLM) will announce its second-quarter financial results after market close on July 21, 2021. A conference call is scheduled for July 22, 2021, at 8 a.m. ET, accessible via phone and a live audio webcast. Dial-in details include 877-311-0518 for US and Canada, and 470-495-9498 for international participants, using access code 4445949. A replay will be available shortly after the call and can be accessed until July 29, 2021. Sallie Mae, a recognized leader in private student lending, continues to support education and lifelong learning.
Sallie Mae (Nasdaq: SLM) announced that Chief Financial Officer Steven J. McGarry will present at the 2021 Barclays Americas Select Franchise Virtual Conference on May 18 at 9 a.m. ET. The event aims to highlight Sallie Mae's commitment to education and lifelong learning as a leader in private student lending.
A live audio webcast and presentation slides will be accessible on the company's investor relations website. Sallie Mae provides financing and resources to support access to college and beyond.
Sallie Mae (Nasdaq: SLM) announced a second-quarter dividend for 2021, declaring $0.03 per share for its common stock and $0.4828722 per share for its Preferred Stock Series B. Both dividends will be paid on June 15, 2021, to shareholders of record by June 4, 2021. This move reflects the company’s ongoing commitment to returning value to its investors while reinforcing its position as a leader in private student lending.
Sallie Mae (Nasdaq: SLM) announced its first-quarter 2021 financial results, which can be explored in detail on their investor website. The company is set to hold a conference call on April 22, 2021, at 8 a.m. ET, where executives will discuss the quarter's highlights and address questions regarding performance. This call will also be available for replay until May 6, 2021. As a leader in private student lending, Sallie Mae emphasizes the importance of education and lifelong learning in achieving personal goals.
MPOWER Financing, a fintech platform focused on educational loans, has formed a strategic partnership with Sallie Mae to enhance access to higher education for international and DACA students. This collaboration aims to provide better education financing solutions and is bolstered by a recent $30 million investment from Tilden Park Capital Management and Education Testing Services (ETS). Both companies seek to support nearly 500,000 DACA students and 1.1 million international students in the U.S. by broadening their financing options.
Sallie Mae (Nasdaq: SLM) will release its first-quarter financial results on April 21, 2021, following the market close. The company will conduct a conference call on April 22, 2021, at 8 a.m. ET, accessible via phone or through a live audio webcast. Sallie Mae emphasizes the importance of education and provides financing solutions for students, helping them achieve their academic goals. Further details can be found on their investor relations website. A replay of the call will be available until May 6, 2021.
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