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The Sallie Mae Fund Provides $50,000 Grant to Big Brothers Big Sisters of Delaware to Assist Students Impacted by COVID-19

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The Sallie Mae Fund has contributed $50,000 to Big Brothers Big Sisters of Delaware to support students impacted by COVID-19. This grant aims to provide academic support and one-on-one guidance for low-income students adjusting to virtual learning. It also expands mentoring programs for at-risk youth, including LGBTQ+ students. Since 2015, the Sallie Mae Fund has donated over $290,000 to this initiative. Along with the grant, Sallie Mae team members engage in local fundraising events, emphasizing the company's commitment to education and community support.

Positive
  • Sallie Mae Fund's $50,000 grant supports academic help for low-income students impacted by COVID-19.
  • Expansion of mentoring programs, including for LGBTQ+ students, enhancing support for at-risk youth.
  • Over $290,000 contributed by the Sallie Mae Fund to Big Brothers Big Sisters of Delaware since 2015.
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  • None.

The Sallie Mae Fund, the charitable arm of Sallie Mae®, has made a $50,000 contribution to Big Brothers Big Sisters of Delaware to support programs to help students impacted by COVID-19.

Specifically, the $50,000 grant will help provide academic support and one-on-one guidance for low-income students adapting and adjusting to virtual learning due to COVID-19. In addition, the grant will support the expansion of mentoring programs, including those designed for LGBTQ+ students.

“Our goal to help children realize their full potential is made possible through the commitments made by our friends, mentors, and role models, and by the support of companies like Sallie Mae,” said Tom Thunstrom, executive director, Big Brothers Big Sisters of Delaware. “With this grant, we can help ensure students in Delaware are met with opportunity, regardless of who they are or what means they have.”

For more than 50 years, Big Brothers Big Sisters of Delaware has partnered with adult mentors and role models to provide at-risk children, primarily from single-parent homes, with strong and enduring, professionally supported one-on-one relationships that help them gain self-confidence, realize their potential, and envision happy and successful futures.

“The pandemic underscores, perhaps now more than ever, that education is critical in the pathway to success, but it has presented significant challenges in maintaining a learning environment where students can thrive,” said Nic Jafarieh, senior vice president, Sallie Mae. “We feel a strong sense of responsibility to help remove some of those obstacles and create more access to education, and I’m confident that our partnership with Big Brothers Big Sisters of Delaware will do just that.”

Since 2015, The Sallie Mae Fund has awarded more than $290,000 in grants to support Big Brothers Big Sisters of Delaware’s work to connect at-promise youth with adult role models. Sallie Mae team members regularly participate in the nonprofit’s Bowl for Kids’ Sake signature fundraiser and the Clothes for Kids’ Sake program.

For more information about Sallie Mae’s support in the community, visit www.salliemae.com/about/community-engagement.

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Sallie Mae (Nasdaq: SLM) believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we provide financing and know-how to support access to college and offer products and resources to help customers make new goals and experiences, beyond college, happen. Learn more at SallieMae.com. Commonly known as Sallie Mae, SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.”

Category: Community and Philanthropy

FAQ

What is the amount of Sallie Mae's contribution to Big Brothers Big Sisters of Delaware in 2023?

Sallie Mae contributed $50,000 to Big Brothers Big Sisters of Delaware.

How does Sallie Mae support students affected by COVID-19?

Sallie Mae supports students through grants that provide academic support and mentoring.

What organizations benefit from Sallie Mae's charitable contributions?

Big Brothers Big Sisters of Delaware is a key beneficiary of Sallie Mae's charitable contributions.

What programs does the grant from Sallie Mae Fund support?

The grant supports academic guidance and the expansion of mentoring programs for at-risk youth.

When did Sallie Mae Fund start supporting Big Brothers Big Sisters of Delaware?

The Sallie Mae Fund has supported Big Brothers Big Sisters of Delaware since 2015.

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