Sallie Mae's 'How to Pay for College' Arrives in Bookstores Nationwide

Sallie Mae's 'How to Pay for College' Arrives in Bookstores Nationwide

First Book from the No. 1 Paying-for-College Company Provides an Insider's Guide to the Financial Aid Process; Net Proceeds to Fund Scholarships

RESTON, Va., Aug. 29 /PRNewswire-FirstCall/ -- When it comes to paying for college, Sallie Mae wrote the book -- literally. Sallie Mae, the nation's No. 1 paying-for-college company, today announced the arrival of its first book, "How to Pay for College: A Practical Guide for Families." The book is a one- stop source for parents, students and guidance professionals, offering an "insider's guide" to the financial aid process.

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Sallie Mae is the first student loan provider to publish a comprehensive college-financing guide for parents and students. All net proceeds of the sale of "How to Pay for College" will be donated to The Sallie Mae Fund, a charitable organization sponsored by Sallie Mae, for scholarships to help the neediest families access higher education. To learn more about scholarship programs offered by The Sallie Mae Fund, visit http://www.thesalliemaefund.org/projectaccess/need.html.

"As the leading provider of college funding for more than 30 years, Sallie Mae knows that the financial aid process often can be confusing," said Mark Overend, senior vice president, e-commerce, Sallie Mae. "'How to Pay for College' arms parents and students with the tools they need to help make the dream of going to college a reality."

Sallie Mae's "How to Pay for College" provides simple, straightforward explanations for the entire paying-for-college process, including a line-by- line explanation for completing the often-overwhelming Free Application for Federal Student Aid (FAFSA). The book also provides detailed information and advice for:

* choosing the best financial aid package;
* finding scholarships;
* avoiding financial aid scams;
* saving for college;
* estimating college costs and loan repayments;
* making college more affordable; and
* applying for student loans.

Written in partnership with award-winning authors Gen and Kelly Tanabe, Sallie Mae's "How to Pay for College" is the collaborative effort of an all-star cast of financial aid administrators from leading colleges and universities, including:

* Central State University (Wilberforce, Ohio)
* Cincinnati State Technical and Community College (Cincinnati, Ohio)
* Duke University (Durham, N.C.)
* Eastern Michigan University (Ypsilanti, Mich.)
* George Mason University (Fairfax, Va.)
* Nova Southeastern University (Fort Lauderdale-Davie, Fla.)
* University of Miami (Coral Gables, Fla.)
* University of Texas (Austin, Texas)

"Sallie Mae's 'How to Pay for College' is a 'must read' for every parent of a college student," said Courtney McAnuff, vice president of enrollment services, Eastern Michigan University. "If you have someone in your family enrolled in post-secondary education, this is one book that you cannot afford to skip."

Published by SuperCollege, Sallie Mae's "How to Pay for College" is available at http://www.amazon.com/exec/obidos/ASIN/1932662049/salliemaessal- 20/002-8168190-0030460?creative=327641&camp=14573&link_code=as1 and http://search.barnesandnoble.com/bookSearch/isbnInquiry.asp?r=1&isbn=193266204 9, and in bookstores nationwide. For more information about planning and paying for college, visit http://www.collegeanswer.com/.

SLM Corporation (NYSE:SLM), commonly known as Sallie Mae, is the nation's No. 1 paying-for-college company, managing more than $116 billion in student loans for 8 million borrowers. Sallie Mae was originally created in 1972 as a government-sponsored entity (GSE) and terminated all ties to the federal government in 2004. The company remains the country's largest originator of federally insured student loans. Through its specialized subsidiaries and divisions, Sallie Mae also provides debt management services as well as business and technical products to a range of business clients, including colleges, universities and loan guarantors. More information is available at http://www.salliemae.com/. SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.

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Source: Sallie Mae

CONTACT: Erin Korsvall of Sallie Mae, +1-703-984-5136, or
erin.korsvall@salliemae.com

Web site: http://www.salliemae.com/
http://www.thesalliemaefund.org/projectaccess/need.html
http://www.collegeanswer.com/

Company News On-Call: http://www.prnewswire.com/comp/827187.html

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