Sallie Mae Commemorates Veterans Day With $50,000 Grant to Folds Of Honor

Grant from The Sallie Mae Fund Will Support Scholarships for Children and Spouses of Fallen and Disabled Military Servicemembers

NEWARK, Del.--(BUSINESS WIRE)--In honor of Veterans Day, The Sallie Mae Fund today announced a $50,000 grant to Folds of Honor, reinforcing its commitment to military servicemembers and their families. The grant will specifically support scholarships for the children and families of fallen and disabled military servicemembers.

“Sallie Mae’s continued support of our scholarship program provides a pathway to higher education for servicemembers’ families, helping them build the kind of futures their loved ones fought so hard to protect,” said Allen Wronowski, director, Folds of Honor. “Our motto is ‘Honor Their Sacrifice and Educate Their Legacy,’ and it’s through partners, like Sallie Mae, we put those words into action.”

Since 2014, The Sallie Mae Fund has provided more than $535,000, supporting more than 100 scholarships for Folds of Honor families.

“The important work of Folds of Honor not only opens doors to higher education for deserving students but also serves as a powerful tribute to the servicemembers who made the ultimate sacrifice for our country,” said Nic Jafarieh, executive vice president, Sallie Mae. “We are proud to continue our support of these efforts which also align with our mission to help more students access and complete college.”

Sallie Mae’s commitment to veterans and servicemembers extends year-round, with specialized resources and benefits for customers and employees in the military. The company employs a team of specially trained customer service advisors who work exclusively with military families to provide personalized assistance. Additionally, the company offers free tools, resources, and access to scholarships for veterans.

To learn more about Sallie Mae’s efforts in the community read our Environmental, Social, and Governance report at SallieMae.com.

Sallie Mae (Nasdaq: SLM) believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we provide financing and know-how to support access to college and offer products and resources to help customers make new goals and experiences, beyond college, happen. Learn more at SallieMae.com. Commonly known as Sallie Mae, SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.

Category: Community and Philanthropy