Sallie Mae employees donate time, money to assist families in Braintree, Mass. area
Local employees and The Sallie Mae Fund pledge more than $15,000 to United Way of Massachusetts Bay and Merrimack Valley
BRAINTREE, Mass., Dec. 3, 2007—Sallie Mae's Braintree-area employees are bringing the holiday spirit to local families and charities: with a matching grant from The Sallie Mae Fund, the 100 local Sallie Mae employees pledged more than $15,000 in November to the United Way of Massachusetts Bay and Merrimack Valley, and participated in numerous community-service programs designed to help local families during the holiday season.
Grad student credit card debt levels remain stable, but few pay cards in full each month
Nellie Mae study points to need for credit education among graduate and professional students
BRAINTREE, Mass., Sept. 6, 2007—While the average credit card usage and debt levels among graduate students have remained stable since 2003, older graduate students carry nearly twice as much credit card debt as their younger counterparts, and just 20 percent of all respondents report paying off their monthly credit card bills in full each month.
Nellie Mae marks 25th Anniversary with Silver Anniversary Scholarships
Leading student loan company celebrates a quarter-century the way it knows best: by helping local students pay for college—$5,000 in college scholarships awarded to Massachusetts undergraduates
BRAINTREE, Mass., June 12, 2007—Nellie Mae today commemorates its 25th Anniversary and celebrates its ongoing tradition of philanthropy and community giving by awarding two Silver Anniversary Scholarships
worth $2,500 each to Mary Ann Fox, currently enrolled at The College of Our Lady of the Elms, in Chicopee, Mass. and Indraneel Sircar, a student at Worcester Polytechnic Institute in Worcester, Mass.
Nellie Mae awards $2,000 in Debt Management EDvisor scholarships to student borrowers
Debt management toolkit helps students manage finances responsibly
BRAINTREE, Mass., June 2, 2006—Nellie Mae, a top originator of student loans and a leader in helping students borrow responsibly and manage debt, today announced the completion of the third round of its EDvisor scholarship drawings. Nellie Mae's Debt Management EDvisor is a free tool offering worksheets, calculators, and tips for undergraduate and graduate, full- and part-time, and traditional and non-traditional students. Nellie Mae is awarding $500 scholarships to four randomly selected borrowers who have completed the EDvisor tutorials as an incentive to practice sound fiscal management.
2nd annual Nellie Mae Scholarship Scuttle 5K slated for April 2 in Denver's Washington Park
Race proceeds to help law students pay off student debt, fund law school scholarship
BRAINTREE, Mass., March 28, 2006—Denver-area runners are invited to participate in the second annual Nellie Mae Scholarship Scuttle 5K road race, presented by the University of Denver's Sturm College of Law Student Bar Association. The event's title sponsor is Nellie Mae, a top originator of student loans and a leader in helping students manage their debt and understand the responsibilities of borrowing. Last year's event raised $10,000 for Denver law students.
Nellie Mae employees give back to local community for holiday season
Three Boston-area charities benefit from Nellie Mae volunteer effort
BRAINTREE, Mass., Jan. 3, 2006—Nellie Mae, the student loan company based in Braintree, Mass., carried on its commitment to giving back to the towns and neighborhoods where employees live and work by supporting several community-based service organizations during the 2005–06 holiday season.
Nellie Mae campaign raises $26,000 for the United Way
Boston-area children's charity Cradles to Crayons also benefits from Nellie Mae volunteer effort
BRAINTREE, Mass., Dec. 19, 2005—Nellie Mae, a leading national student loan provider based in Braintree, Mass., along with The Sallie Mae Fund, the charitable organization sponsored by Sallie Mae, today announced that they have raised $26,000 this year for the United Way of Massachusetts Bay.
Nellie Mae awards $2,500 in EDvisor scholarships to five student borrowers
Debt Management EDvisor helps students manage finances responsibly
BRAINTREE, Mass., Nov. 17, 2005—Nellie Mae, a top originator of student loans and a leader in helping students manage debt and understand the responsibilities of borrowing today announced the completion of the first round of its EDvisor scholarship drawings.
Nellie Mae adds new features to free personal financial consultant tool for college students
Debt Management EDvisor helps students manage finances
BRAINTREE, Mass., July 13, 2005—Nellie Mae, a top originator of student loans and leader in helping students manage debt and understand the responsibilities of borrowing, today announced new features for its Debt Management EDvisor service, a financial-management counseling resource that provides interactive tools and advice for college students.
College students get wise about credit cards
2004 Nellie Mae study finds credit card usage and debt among undergraduate students on the decline
BRAINTREE, Mass., May 25, 2005—The average outstanding balance on undergraduate credit cards fell to $2,169, its lowest level since 1998, according to a study released by Nellie Mae, a top originator of student loans and leader in helping students manage debt and understand the responsibilities of borrowing. The study, "Undergraduate Students and Credit Cards in 2004: An Analysis of Usage Rates and Trends," which can be found at www.nelliemae.com, analyzes the credit card behavior of Nellie Mae student loan applicants during the last year.