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San Antonio, Texas, Resident Wins $10,000 in Sallie Mae's 'It Pays to Repay Sweepstakes'

SLM

Sweepstakes Celebrates Customers Who Are Successfully Making On-Time Payments

Dental Hygienist Joel Galindo Jr. Receives $10,000 Toward His Sallie Mae Smart Option Student Loan

Sallie Mae, the nation’s saving, planning, and paying for college company, today announced Joel Galindo Jr. of San Antonio, Texas, has won $10,000 toward his Sallie Mae Smart Option Student Loan in the company’s “It Pays to Repay Sweepstakes.” The sweepstakes rewards a Sallie Mae customer who is responsibly managing his or her student loans with up to $10,000 toward an eligible Sallie Mae loan for making consecutive on-time payments.

Mr. Galindo is a dental hygienist in San Antonio and graduated Summa Cum Laude from Del Mar College in May 2015. He attributes successfully paying his student loans to strategies including setting – and sticking to – a budget, and understanding loan terms and repayment options. Mr. Galindo says when he had questions about managing his payments after graduation, he called Sallie Mae, and received the help he needed to stay on track. He also encourages students who are still in school to start making payments on their loans. Today, more than half of Sallie Mae Smart Option Student Loan customers choose an in-school repayment option.

“When it comes to paying my student loans, one of the best things I did was make payments while I was in school; it really made a difference and put me ahead of the game,” said Mr. Galindo. “I can’t believe I won the $10,000! It’s a great feeling to be working in my field of study and even better to know I'm now one major step closer to paying off my loans.”

Customers with a minimum of six, consecutive, on-time payments on a Sallie Mae private education loan were eligible for the Sallie Mae “It Pays to Repay Sweepstakes.” More than 750 entries were submitted at Facebook.com/SallieMae.

“We pride ourselves on being a trusted advisor and resource to our customers along every step of paying for college, including making on-time payments after leaving school,” said Martha Holler, senior vice president, Sallie Mae. “We continue to provide tools and information to help our customers successfully manage their student loans, and our ‘Pays to Repay Sweepstakes’ rewards them for doing just that.”

Sallie Mae’s Managing Your Loans is a free, online, one-stop resource for straightforward, comprehensive tips and tools for paying back student loans. It features a monthly budget worksheet, loan payment calculators, and information about payment options.

For more information visit www.SallieMae.com/ManagingYourLoans or join the conversation on how to save, plan, and pay responsibly for college at Facebook.com/SallieMae and Twitter.com/SallieMae.

Sallie Mae (NASDAQ: SLM) is the nation’s saving, planning, and paying for college company. Whether college is a long way off or just around the corner, Sallie Mae offers products that promote responsible personal finance, including private education loans, Upromise rewards, scholarship search, college financial planning tools, and online retail banking. 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.

Sallie Mae
Abigail Brooks, 302-451-0230
abigail.brooks@salliemae.com