Sallie Mae employees send largest team to LiveStrong Challenge, raise $100,000 for cancer research and support

WILKES-BARRE, Pa., Aug. 29, 2007—Sallie Mae employees ran, walked, and biked to fight cancer through the Lance Armstrong Foundation’s LiveStrong Challenge in Philadelphia on Aug. 26. The team of 127 employees, family members, and friends raised approximately $100,000 to support cancer research and programs for cancer survivors, including $25,000 in matching gifts from The Sallie Mae Fund.

The team’s participation more than doubled from 62 team members last year and, for the second year in a row, won Sallie Mae the Lance Armstrong Foundation’s Messenger Award for largest team.

“All of us have been affected by this disease, and this was our opportunity to give in memory of the special people we have lost and to stand with those battling cancer now,” said Tom Adams, vice president for operations for Sallie Mae’s Loan Servicing Center in Wilkes-Barre, Pa., and honorary captain of Sallie Mae’s LiveStrong Philadelphia team. Adams walked in memory of his father and with two friends who are cancer survivors.

“Thank you to our strong contingent from the Pennsylvania center, and our team members who came from 10 other states and the District of Columbia,” said Katie Schofield, a Reston, Va., employee and 25-year cancer survivor who serves as Sallie Mae’s national team captain. “We look forward to continuing our commitment to this cause at LiveStrong Challenges in Portland and Austin later this fall.” Sallie Mae employees have supported the Lance Armstrong Foundation since 2001.

The LiveStrong Challenge is the Lance Armstrong Foundation’s annual series of events in cities across the country, enabling anyone to support the LAF’s mission to inspire and empower people affected by cancer.

Sallie Mae’s opened its Wilkes-Barre, Pa. loan servicing center in 1987. Today, it is the largest operation of its kind in Luzerne County, employing 800 Pennsylvanians and serving 10 million customers.

For more information contact:
Patricia Nash Christel (703) 984-5382



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 $178 billion in education loans and serves 10 million student and parent customers. Through its Upromise affiliates, the company also manages more than $19 billion in 529 college-savings plans, and is a major, private source of college funding contributions in America with 9.4 million members and $450 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.


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