Sallie Mae, the nation's No. 1
paying-for-college company, today announced that it will continue to serve as
the preferred provider of education-financing and related services for the
Council for Christian Colleges & Universities (CCCU). The renewed partnership
will make Sallie Mae's comprehensive campus-wide solutions available to CCCU's
105 higher education member institutions in the United States.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030617/SLMLOGO-a )
Sallie Mae has a long-standing partnership with CCCU, helping thousands of
students and families make a Christian education more affordable. "We are
proud to renew our commitment to CCCU, an organization that recognizes the
importance of providing affordable financing solutions to students seeking a
quality Christian education," said Barry Goulding, senior vice president of
sales management, Sallie Mae.
In addition, Sallie Mae works with Christian institutions to implement
campus-wide solutions that keep them on the forefront of higher education
administration, such as:

* Enrollment recruitment and retention management consulting
* Electronic student services systems
* Payment and bill-resolution counseling services
* Cost-saving e-commerce solutions
* Revenue-generating fiscal-management programs
* Debt-management and default-prevention services
* Alumni affinity programs

"We are eager to bring Sallie Mae's industry leading loan products and
campus services to our member institutions," said Dr. Robert C. Andringa,
president, CCCU. "We foresee that Sallie Mae's campus-wide solutions will help
our campuses better achieve their goals of providing an education of the
highest quality to thousands of students."

SLM Corporation (NYSE: SLM), commonly known as Sallie Mae, is the nation's
No. 1 paying-for-college company, managing more than $116 billion in student
loans for 8 million borrowers. Sallie Mae was originally created in 1972 as a
government-sponsored entity (GSE) and terminated its corporate ties to the
federal government in 2004. The company remains the country's largest
originator of federally insured student loans. Through its specialized
subsidiaries and divisions, Sallie Mae also provides debt management services
as well as business and technical products to a range of business clients,
including colleges, universities and loan guarantors. More information is
available at http://www.salliemae.com. SLM Corporation and its subsidiaries
are not sponsored by or agencies of the United States of America.

The Council for Christian Colleges & Universities is a higher education
association of more than 170 intentionally Christ-centered institutions around
the world. There are now 105 member campuses in North America and all are
fully-accredited, comprehensive colleges and universities with curricula
rooted in the arts and sciences. In addition, 71 affiliate campuses from 24
countries are part of the CCCU. The Council's mission is to advance the cause
of Christ-centered higher education and to help its institutions transform
lives by faithfully relating scholarship and service to biblical truth.