Sallie Mae Announces First Great Sallie Mae Giveaway Winner

Apr 24, 2001, 01:00 ET from Sallie Mae

    RESTON, Va., April 24 /PRNewswire Interactive News Release/ -- Sallie Mae
 (NYSE:   SLM) today announced that Susan Chiat of Seattle, Wash., is the first
 winner in the Great Sallie Mae Giveaway.  This new borrower program invites
 Sallie Mae borrowers to enter a monthly drawing that will pay lucky winners up
 to $25,000 toward their student loan balance.  In addition, all entrants have
 the opportunity to sign up for the convenience of online student loan
 servicing and to receive special discounts and values from trusted retailers
 and service providers.
     Chiat's winning ticket was drawn at random on March 15; all subsequent
 random drawings will take place on the 15th of each month through Feb. 15,
 2002.  Borrowers may enter the contest by completing an online registration
 form at http://www.greatgiveaway.salliemae.com , or by mail.  Complete terms
 and conditions can be found on the site.
     As the official winner for the month of March, Chiat's outstanding student
 loan obligations -- totaling $12,500 -- have been fully paid off.
     "I was thrilled to learn that I was the first winner.  My husband and I
 are currently buying a house ... so the Great Sallie Mae Giveaway could not
 have come along at a better time," Chiat said.  "We're also in a phase of
 saving our money and investing it ... and my student loans represented the
 bulk of my debt."
     Chiat currently works for Transformation.org, a company that provides
 online personal growth education.  She earned her bachelor's degree in
 journalism from the University of Boston and her master's degree in psychology
 from Lesley College in Cambridge, Mass.
 
     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
 more than $68 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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                http://tbutton.prnewswire.com/prn/11690X86364588
 
 

SOURCE Sallie Mae
    RESTON, Va., April 24 /PRNewswire Interactive News Release/ -- Sallie Mae
 (NYSE:   SLM) today announced that Susan Chiat of Seattle, Wash., is the first
 winner in the Great Sallie Mae Giveaway.  This new borrower program invites
 Sallie Mae borrowers to enter a monthly drawing that will pay lucky winners up
 to $25,000 toward their student loan balance.  In addition, all entrants have
 the opportunity to sign up for the convenience of online student loan
 servicing and to receive special discounts and values from trusted retailers
 and service providers.
     Chiat's winning ticket was drawn at random on March 15; all subsequent
 random drawings will take place on the 15th of each month through Feb. 15,
 2002.  Borrowers may enter the contest by completing an online registration
 form at http://www.greatgiveaway.salliemae.com , or by mail.  Complete terms
 and conditions can be found on the site.
     As the official winner for the month of March, Chiat's outstanding student
 loan obligations -- totaling $12,500 -- have been fully paid off.
     "I was thrilled to learn that I was the first winner.  My husband and I
 are currently buying a house ... so the Great Sallie Mae Giveaway could not
 have come along at a better time," Chiat said.  "We're also in a phase of
 saving our money and investing it ... and my student loans represented the
 bulk of my debt."
     Chiat currently works for Transformation.org, a company that provides
 online personal growth education.  She earned her bachelor's degree in
 journalism from the University of Boston and her master's degree in psychology
 from Lesley College in Cambridge, Mass.
 
     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
 more than $68 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.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X86364588
 
 SOURCE  Sallie Mae