Sallie Mae Awards St. Charles, Mo., Resident $25,000 in Student Loan Payoff

ST. CHARLES, Mo., April 27 /PRNewswire/ -- Sallie Mae, the nation's leading provider of education funding, today announced that St. Charles, Mo., resident Reva Thompson has won the Great Sallie Mae Giveaway, a sweepstakes that rewards one lucky student loan borrower each month with up to $25,000 toward his or her outstanding Sallie Mae student loan balance. As a winner, the majority of Thompson's outstanding student loan obligations have been paid off by Sallie Mae.

Thompson graduated with a master's degree in science from Lindenwood University, St. Charles, Mo., in 2003, and works as an operating technician for MEMC Electronic Materials Inc. She received a bachelor's degree in human resource management with a minor in science also from Lindenwood University in 1998. Thompson first learned of the sweepstakes while reviewing her monthly loan payments on Sallie Mae's online loan payment Web site, http://www.manageyourloans.com/.

"When I first learned that I was a winner, I was so excited that I had to walk around the house to calm myself down!" said Thompson. "I thought 'wow, this is really great,' I went from owing to having zero in debt. Thanks to Sallie Mae, I can carve out a successful future focusing on my avocation of the lapidary and gemology sciences."

Sallie Mae has given away nearly $990,000 in student loan repayment relief through the sweepstakes program. Borrowers may enter the Great Sallie Mae Giveaway by completing an online registration form at http://www.greatgiveaway.salliemae.com/. A complete list of Great Sallie Mae Giveaway winners and program terms and conditions can be found on http://www.salliemae.com/greatgiveaway.

SLM Corporation (NYSE: SLM) , commonly known as Sallie Mae, is the nation's leading provider of education funding, managing nearly $127 billion in student loans for 9 million borrowers. Sallie Mae was originally created in 1972 as a government-sponsored entity (GSE) and terminated its 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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