Sallie Mae’s College Answer Awards Scholarships

RESTON, Va.--(BUSINESS WIRE)--Sallie Mae, the nation’s leading saving- and paying-for-college company, today announced recent scholarship winners of its College Answer Sweepstakes. The College Answer Sweepstakes is a program that awards a $1,000 scholarship each month to a registered user of CollegeAnswer.com, the company’s planning- and paying-for-college Web site.

Launched in spring 2000, CollegeAnswer.com Web site offers students and parents the most comprehensive source of free, interactive college-planning tools – from preparing for entrance exams to selecting a college to paying for education. The site contains the largest, free online scholarship database, with more than 2.8 million scholarships worth in excess of $16 billion.

CollegeAnswer.com has provided free money to these registered users in 2007:

California
Corinne Valenzuela	San Rafael, CA	$1,000
Glenn Ozaki*	Diamond Bar, CA	$1,000
Georgia
Brandi Wilson	Toccoa, GA	$1,000
Illinois
Kamis Perry	Chicago, IL	$1,000
Indiana
Andrew Haney	Thorntown, IN	$1,000
Maryland
Shameia Green	Capitol Heights, MD	$1,000
Michigan
Christopher Bailey	Taylor, MI	$1,000
Oregon
Oliver Gombart	Roseburg, OR	$1,000
Pennsylvania
John Garman*	Galeton, PA	$1,000
Texas
Michele Brown	Houston, TX	$1,000
Washington
Chanel Buehner	Pacific Beach, WA	$1,000

* Based on College Answer Sweepstakes' official rules, when a guidance counselor wins, and is not a parent, the scholarship fund may be awarded to one student or divided into smaller amounts to award multiple students at their high school. Glen Ozaki of Calif., awarded a $500 scholarship to Bellona Yuan and April Holsey of Diamond Bar High School, Calif., and John Garman of Penn, awarded a $500 scholarship to Geoffrey Proctor and Dani Doud of Galeton Area High School, Penn.

Sallie Mae’s College Answer Sweepstakes is part of its commitment to helping students and families to follow a 1-2-3 approach to paying for college:

1. Use Free Money First: Apply for scholarships and grants, such as College Answer Sweepstakes, and use current income, savings, and Sallie Mae’s TuitionPay interest-free monthly tuition payment plan.

2. Explore Federal Loans: Federal loans generally offer low fixed interest rates and flexible repayment options.

3. Fill Gap With Private Education Loans: Private loans are convenient and designed to help students meet the total cost of college.

Individuals may enter the College Answer Sweepstakes by completing a free online registration form at www.CollegeAnswer.com. A complete list of program terms and conditions can be found at www.CollegeAnswer.com/sweepstakes. Visit www.CollegeAnswer.com for more information.

SLM Corporation (NYSE:SLM), commonly known as Sallie Mae, is the nation's leading provider of saving- and paying-for-college programs. The company manages nearly $164 billion in education loans and serves 10 million student and parent customers. Through its Upromise affiliates, the company also manages $19 billion in 529 college-savings plans, and is the largest private source of college funding contributions in America with 8.5 million members and $400 million in member rewards. Sallie Mae and its subsidiaries offer debt management services as well as business and technical products to a range of business clients, including higher education institutions, student loan guarantors and state and federal agencies. More information is available at www.salliemae.com. SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.