Sallie Mae Named One of the '100 Best Corporate Citizens' By Business Ethics Magazine

Apr 05, 2001, 01:00 ET from Sallie Mae

    RESTON, Va., April 5 /PRNewswire/ -- USA Education, Inc., commonly known
 as Sallie Mae, today announced that it has been chosen as one of the top 100
 corporate citizens by Business Ethics magazine, a Minneapolis-based
 publication that promotes social responsibility in business.  In its second
 year, this listing celebrates public companies that best serve their
 constituencies, including stockholders, employees, customers, the community
 and the environment.  The ranking appears in the magazine's March/April 2001
 issue, as well as online at http://www.business-ethics.com .
     "Sallie Mae is honored to be acknowledged as one of the premier
 corporations in providing quality service to our community stakeholders," said
 Thomas J. Fitzpatrick, president & chief marketing and administrative officer,
 Sallie Mae.  "We are encouraged by this recognition, and strive to provide
 even better service to these audiences in the future."
     The statistical analysis for the "100 Best Corporate Citizens" was done by
 Sandra Waddock and Samuel Graves of the Carroll School of Management at Boston
 College, Chestnut Hill, Mass.  Social performance rating provided by Kinder,
 Domini & Co., Cambridge, Mass.  Its Socrates database of 650 firms provides
 the research base for the Domini 400 Social Index, a socially screened
 counterpart to the S&P 500.
 
     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 $67 billion in student loans for more than seven million borrowers,
 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.
 
     Business Ethics has been the premier publication of the movement to bring
 social responsibility into business for 15 years.  The "100 Best Corporate
 Citizens" is in its second year of publication. For more information visit
 http://www.business-ethics.com .
 
 

SOURCE Sallie Mae
    RESTON, Va., April 5 /PRNewswire/ -- USA Education, Inc., commonly known
 as Sallie Mae, today announced that it has been chosen as one of the top 100
 corporate citizens by Business Ethics magazine, a Minneapolis-based
 publication that promotes social responsibility in business.  In its second
 year, this listing celebrates public companies that best serve their
 constituencies, including stockholders, employees, customers, the community
 and the environment.  The ranking appears in the magazine's March/April 2001
 issue, as well as online at http://www.business-ethics.com .
     "Sallie Mae is honored to be acknowledged as one of the premier
 corporations in providing quality service to our community stakeholders," said
 Thomas J. Fitzpatrick, president & chief marketing and administrative officer,
 Sallie Mae.  "We are encouraged by this recognition, and strive to provide
 even better service to these audiences in the future."
     The statistical analysis for the "100 Best Corporate Citizens" was done by
 Sandra Waddock and Samuel Graves of the Carroll School of Management at Boston
 College, Chestnut Hill, Mass.  Social performance rating provided by Kinder,
 Domini & Co., Cambridge, Mass.  Its Socrates database of 650 firms provides
 the research base for the Domini 400 Social Index, a socially screened
 counterpart to the S&P 500.
 
     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 $67 billion in student loans for more than seven million borrowers,
 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.
 
     Business Ethics has been the premier publication of the movement to bring
 social responsibility into business for 15 years.  The "100 Best Corporate
 Citizens" is in its second year of publication. For more information visit
 http://www.business-ethics.com .
 
 SOURCE  Sallie Mae