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Sallie Mae Names Two Regional Account Executives for Eastern Pennsylvania

11 October 2005

Sallie Mae, the nation's No. 1
paying-for-college company, today named Michael Fancher and Michael Taylor
regional account executives for Eastern Pennsylvania. As part of the "Sallie
Mae Pennsylvania" team, Fancher and Taylor will work to build and maintain
relationships with Pennsylvania colleges and universities and to increase
awareness of Sallie Mae products and services among students and their
parents.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030617/SLMLOGO-a )
Most recently, Fancher served as assistant vice president for education
lending at PNC Bank Education Lending. In this role, Fancher was responsible
for $100 million in overall education loan volume for the greater Philadelphia
area and New Jersey. He also served as financial aid advisor and program
coordinator for retention and default prevention at the State University of
New York College at Cortland, from which he is a graduate. Fancher is a member
of the Pennsylvania Association of Student Financial Aid Administrators
(PASFAA), the New Jersey Association of Student Financial Aid Administrators
(NJASFAA), the Eastern Association of Student Financial Aid Administrators
(EASFAA) and the National Association of Student Financial Aid Administrators
(NASFAA).
Taylor comes to Sallie Mae from Drexel University, where he most recently
served as interim director of financial aid for the College of Medicine. In
this role he facilitated the administration of all financial aid programs for
College of Medicine students. In addition, Taylor served as assistant director
of financing services for the Student Resource Center and counselor in the
office of financial aid at Drexel University, where he also attended school.
"We are extremely pleased to welcome Mike and Mike to the Sallie Mae
Pennsylvania team," said Frank Hollister, vice president, Sallie Mae
Pennsylvania. "They both bring a wealth of knowledge and experience and their
addition to the team is another demonstration of our commitment to serve the
students, parents and schools of the Commonwealth."
Sallie Mae Pennsylvania is fully committed to ensuring the availability of
the best education credit products and services to Commonwealth schools and
students, and offers the lowest-cost Federal Stafford Loan in the state. To
learn more about Sallie Mae Pennsylvania, visit http://www.salliemae.com/pa.

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.

Source: PR Newswire


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