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Press release from Business Wire

Sallie Mae Insurance Services Announces Partnership to Provide Health Insurance Coverage to International and Study-Abroad Students

Tuesday, June 19, 2012

Sallie Mae Insurance Services Announces Partnership to Provide Health Insurance Coverage to International and Study-Abroad Students12:55 EDT Tuesday, June 19, 2012 NEWARK, Del. (Business Wire) -- Sallie Mae, the nation's No. 1 financial services company specializing in education, today announced a new partnership with International Student Insurance to provide health insurance coverage for international students studying in the United States and for Americans in study-abroad programs. “Study abroad should be a time for students to gain the global educational experiences of a lifetime,” said Charlie Rocha, senior vice president, Sallie Mae. “Through this partnership, Sallie Mae offers students and their parents peace of mind to confidently pursue an international program.” Offered through the recently launched Sallie Mae Insurance Services, the new health insurance offerings are designed to meet the particular needs of students studying outside their home country, including international students studying in the United States and American students participating in study-abroad programs. Along with traditional benefits like doctor's visits, emergency room visits, prescription medications, and hospitalization, the plans also provide medical evacuation and other emergency services. Families will also have access to interpreter services and 24-hour global support. A record 723,000 international students studied in the United States last year, and 271,000 Americans studied abroad, according to the Institute of International Education. Although many schools offer group insurance plans for their international students and study-abroad participants, some schools do not, leaving students to find their own coverage. Now students can find a high-quality alternative by visiting SallieMae.com/insurance. Join the conversation on how to save, plan and pay for college at Facebook.com/SallieMae. Sallie Mae (NASDAQ: SLM) is the nation's No. 1 financial services company specializing in education. Whether college is a long way off or just around the corner, Sallie Mae turns education dreams into reality for its 25 million customers. With products and services that include college savings programs, scholarship search tools, education loans, insurance, and online banking, Sallie Mae offers solutions that help families save, plan, and pay for college. Sallie Mae also provides financial services to hundreds of college campuses as well as to federal and state governments. 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. International Student Insurance is a specialized insurance agency selling health and travel insurance to students from around the world. Online since 2001, ISI is a trusted industry leader providing insurance to students studying outside their home country. Owned and operated by Envisage International Corporation, International Student Insurance is a NAFSA Global Partner and accredited with an A+ rating by the Better Business Bureau. For more information, visit InternationalStudentInsurance.com. Sallie MaePatricia Nash Christel, 302-283-4076patricia.christel@SallieMae.com