The Sallie Mae Fund Commemorates Military Appreciation Month With $50,000 Contribution to Folds of Honor

Grant from The Sallie Mae Fund Will Expand Scholarship Access for Military Families

NEWARK, Del.--(BUSINESS WIRE)--In recognition of Military Appreciation Month, The Sallie Mae Fund today announced a contribution of $50,000 to Folds of Honor, a nonprofit organization dedicated to providing educational scholarships to the spouses and children of America’s fallen and disabled service members.

“The generosity of partners like Sallie Mae is what makes our mission possible,” said Allen Wronowski, regional impact officer, Folds of Honor. “Every scholarship we award is a direct result of organizations that believe, as we do, that children and spouses of our nation’s heroes deserve the chance to succeed. This contribution will make a real and lasting difference in the lives of military families across America.”

Since 2014, The Sallie Mae Fund has contributed a total of $635,000 to Folds of Honor, funding more than 100 scholarships for military families pursuing higher education nationwide.

“Our mission is grounded in expanding access to higher education and supporting student success,” said Nic Jafarieh, executive vice president, Sallie Mae. “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. We are proud to continue to support those efforts.”

Sallie Mae’s commitment to veterans and service members extends beyond charitable giving. During Military Appreciation Month this May, team members will volunteer their time to support the Wilmington, Del. VA Medical Center. The company also employs a dedicated team of specially trained customer service advisors who work exclusively with military families to provide personalized support.

In addition, Sallie Mae offers free tools, resources, and access to scholarships to support veterans and military-connected students as they plan and pay for higher education.

Learn more at www.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