Sallie Mae Announces Four New 'Great Sallie Mae Giveaway' Program Winners

    RESTON, Va., Dec. 6 /PRNewswire/ -- Sallie Mae (NYSE:   SLM), the nation's
 largest provider of student loans, today announced the four most recent
 winners of the Great Sallie Mae Giveaway, a program that awards up to $25,000
 per month to cover a borrower's outstanding student loan obligations.  The
 program is sponsored by SUCCESS(SM) by Sallie Mae, a new company initiative
 for Sallie Mae customers offering specially priced products and services from
 brand-name companies.
     Monthly drawings began earlier in the year and will be held until February
 2002.  Interested Sallie Mae customers can register at
 http://www.greatgiveaway.salliemae.com .  Program participants also will get
 the opportunity to sign up for e-mail correspondence related to their student
 loans and e-mail offers on special discounts and values from trusted retailers
 and service providers.
 
     The newest winners of the Great Sallie Mae Giveaway are:
 
     *  Lenita Richardson of Lawrence, Kan.  Richardson graduated from the
        University of Kansas where she earned a bachelor's degree in French.
        Currently, she is working for National Computer Systems in Lawrence,
        Kan. as a data analyst.  Her $25,000 prize went to pay off her
        outstanding student loan balance.  "When I got the word that I had won,
        I was extremely skeptical that it was true.  But I said to myself, 'OK,
        I'll do all the paperwork and see what happens.'  I just held my
        breath.  But when they called and asked for my picture, I realized it
        was true, and I was so excited and grateful."
 
     *  Patrick Murphy of Akron, Ohio.  Murphy attended the University of Notre
        Dame, where he earned a bachelor's degree in marketing and a master's
        degree in marketing and international business.  He currently works as
        a development consultant at Field Development Consultants in Powell,
        Ohio.  Murphy used his $5,802 prize to completely pay off his graduate
        school loan.  "When I first heard the news that I won the money, I just
        didn't believe it.  I thought there must be a catch somewhere or a
        loophole.  I was that skeptical.  But it was true, and what a great
        prize!  I couldn't believe anyone actually awarded prizes like that."
 
     *  Carmen L. Simmons of San Diego, Calif.  Simmons earned a bachelor's
        degree in psychology at Gonzaga University in Spokane, Wash. and a
        master's degree in existential phenomenology/philosophy at San Diego
        State University.  She is currently working as a Federal Work-Study
        coordinator at San Diego State.  She used her $5,997.94 prize to pay
        off her undergraduate loans.  When she received e-mail notification
        that she had won the sweepstakes prize, she didn't quite believe it.
        "I normally receive a lot of advertisements in my e-mail, so when I
        first got the message from Sallie Mae I said, 'Oh here's another one.'
        But when I called the phone number that was listed and found out it was
        true, I was so excited.  It was like Christmas had come early this
        year."
 
     *  Bobbi Long of Wilmington, Ohio.  Long earned a bachelor's degree in
        social work from Wilmington College, Wilmington, Ohio.  She is now
        working as a telemarketer at the Wilmington News Journal newspaper.
        Long used her Salle Mae prize as payment toward her outstanding college
        loans.  Like other winners, she was skeptical when first notified that
        she had won $20,665.64.  "At first I didn't believe it.  I think we
        live in such a skeptical age.  But when I realized it was true, I was
        so happy and pleased.  It couldn't have some at a better time in my
        life, and I had even forgotten that I had entered!"
 
     Sallie Mae, founded 28 years ago, provides funds for educational loans,
 primarily federally guaranteed student loans originated under the Federal
 Family Education Loan Program (FFELP).  The company currently owns or manages
 nearly $72 billion in student loans and provides parents, students and
 educators with comprehensive information on the financial aid process. Through
 its specialized subsidiaries and divisions, Sallie Mae also provides an array
 of consumer credit loans, including those for lifelong learning and K-12
 education, and business and technical outsourcing services for colleges and
 universities. More information is available at http://www.salliemae.com .
 Sallie Mae is a registered service mark of the Student Loan Marketing
 Association.  USA Education, Inc. and its subsidiaries, other than the Student
 Loan Marketing Association, are not sponsored by or agencies of the United
 States.
 
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SOURCE Sallie Mae

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