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Press release from Business Wire

Sallie Mae's Tuition Refund Insurance and College Renters Insurance Named University Business Magazine 2012 Readers' Choice Top Products

<p class='bwalignc'> <i><b>University Business Readers Nominated Products that Made a Positive Difference at Colleges and Universities This Year</b></i> </p>

Tuesday, December 18, 2012

Sallie Mae's Tuition Refund Insurance and College Renters Insurance Named University Business Magazine 2012 Readers' Choice Top Products14:38 EST Tuesday, December 18, 2012 NEWARK, Del. (Business Wire) -- Sallie Mae is proud to announce University Business Magazine selected Sallie Mae's tuition refund insurance and college renters insurance as 2012 Readers' Choice Top Products. Winners were selected by the editors of University Business from nominations submitted by the readership of the magazine and were based on both the quantity of nominations and the quality of reader descriptions. “We are pleased to announce the first-ever University Business Top Products list and recognize Sallie Mae for two important products to help schools protect revenues and help students protect their investment in education,” said University Business Editor-in-Chief Tim Goral. “The nominations came from a variety of university administrators who have shared their experiences with these products and how they have improved the way their school operates.” Sallie Mae Insurance Services is a leader in providing insurance and benefit programs that help colleges protect their revenue while safeguarding the investment students and families make in their education. Tuition refund insurance reimburses tuition and other related expenses if a student is forced to withdraw from college for covered medical reasons including disability, physical or mental illness. It also offers revenue stability and differentiates schools by providing families protection of their investment. Also recognized as a Readers' Choice Top Product, Sallie Mae's college renters insurance provides peace of mind to students who live in dorms or apartments. In addition to protecting students against losses to their personal property in the event of fire, theft, vandalism, or other covered causes, Sallie Mae's college renters insurance provides personal liability protection for unintended property damage or injury to others. “In partnership with higher education institutions, we're committed to helping families safeguard their investment,” said Charlie Rocha, senior vice president, Sallie Mae. “Sallie Mae's suite of insurance products provides peace of mind for families and schools by delivering certainty that their investment is protected.” University Business Readers' Choice Top Products award recognizes leaders in the higher education industry and provides university leaders and administrators with the unique opportunity to learn what products their colleagues around the country are using, and how these products contribute to the success of their schools. University Business is the most widely received, most regularly read publication for higher education leaders at two- and four-year colleges and universities nationwide. UB provides cutting-edge coverage of higher education technology, news, finance, policy, profiles and more to this exclusive audience across print, digital and in-person event platforms, including the annual higher ed technology conference, UBTech. Independent surveys have proven that year after year, no other higher education management publication matches the reach, readership and audience engagement of University Business. For more information, visit www.UniversityBusiness.com. 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 529 college savings plans, Upromise rewards, 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. University BusinessTim Goral, Editor-in-Chieftgoral@universitybusiness.comorSallie MaeDebby Hohler, 617-454-6741dhohler@upromise.com