Navient organizes golf tournament to raise money for local charity

WILKES-BARRE, Pa., Sept. 22, 2015 (GLOBE NEWSWIRE) -- Navient, the nation's leading loan management, servicing and asset recovery company, hosted its 10^th annual Navient Golf Tournament on Friday, Sept. 11. The all-day event helped raise $19,000 to support early childhood development programs at the Luzerne County Head Start. Navient Foundation, the company-sponsored philanthropic fund, will also award an additional $8,000 grant to help support the charity.

Navient hosted its annual golf tournament this month to support early childhood development programs of the Luzerne County Head Start. Pictured (from left): Bob Schaub, president of the board of directors for Luzerne County Head Start; Lisa Stashik, vice president of Navient and member of the nonprofit's board; and, Lynn Evans Biga, executive director of the Luzerne County Head Start.

A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=36301

"On behalf of all of us at Head Start, we give a huge thank you to Navient and the Navient Foundation for their dedication and continued commitment to our community's most vulnerable children and families," said Lynn Evans Biga, executive director, Luzerne County Head Start. "The funding from Navient helps us to provide additional programming for children and families. We prioritize activities that promote health and wellness and parent and child bonding. You help us to be successful and for that we are forever grateful."

Twenty-four teams consisting of up to four golfers each attended the tournament in Mountain Top, Pa. to show their support. In addition, more than 90 different companies provided sponsorship and gift donations for raffle drawings and other prizes.

Throughout the years, Navient has raised about $100,000 for Luzerne County Head Start through its annual golf event.

"The annual Navient Golf Tournament is a great way for the community to get together for some friendly competition for a good cause," said Jeffrey Stine, vice president, Navient. "We are proud to have Luzerne County Head Start in our community and to be able to support them again this year."

Learn more about Luzerne County Head Start.

Connect with @Navient on Facebook, Twitter and LinkedIn.

About Navient

As the nation's leading loan management, servicing and asset recovery company, Navient (Nasdaq:NAVI) helps customers navigate the path to financial success. Servicing more than $300 billion in student loans, the company supports the educational and economic achievements of more than 12 million Americans. A growing number of government and higher education clients rely on Navient for proven solutions to meet their financial goals. Learn more at navient.com.

CONTACT: Nick LaMastra
         302-283-2964
         nicholas.lamastra@navient.com