News

Students at a Paying for College Bus Tour stop, Reading PA

The Sallie Mae Fund donates $30,000 to support Army Emergency Relief of Fort Hood.

Check presented today in honor of those impacted by recent military deployments.

Reston, Va., June 3, 2003—The Sallie Mae Fund today presented Army Emergency Relief with a check for $30,000. The donation made at Fort Hood, the nation’s largest army base and a neighboring community to Sallie Mae's loan servicing center in Killeen, Texas, will help provide emergency financial assistance to soldiers—both active and retired—and their dependents, as their needs require.

Army Emergency Relief operates in partnership with the Department of the Army and provides assistance to all active duty and reserve component soldiers who have been ordered to active duty for more than thirty consecutive days. Army Emergency Relief assists soldiers and their families, in part, by providing grants, interest-free loans, and education scholarships.

"The support Sallie Mae employees and The Sallie Mae Fund have shown our troops is exactly the kind of generosity and compassion they show for those in need year round," said Albert L. Lord, Vice Chairman and Chief Executive Officer, Sallie Mae.

"Through this donation to Army Emergency Relief, we aim to support communities affected by the recent military deployments," said Susan Porter, Managing Director of Community Outreach at Sallie Mae.

"Those who protect our nation have a crucial responsibility," said Rep. Chet Edwards (D-TX11). "Protecting the families of those who protect our families is our responsibility, and every bit as crucial. I applaud The Sallie Mae Fund for honoring the service and sacrifice of our men and women in uniform and their families."

Army Emergency Relief was established in 1942 by the Secretary of War and has since helped more than 2.8 million soldiers and their families overcome financial emergencies.

In addition to The Sallie Mae Fund donation to Army Emergency Relief, Sallie Mae employees across the country have assisted the troops by “adopting” servicemen and women overseas, collecting donations and distributing care packages.

The Sallie Mae Fund, a charitable organization sponsored by Sallie Mae, achieves its mission—to increase access to a post–secondary education for America's students—by supporting programs and initiatives that help open doors to higher education, prepare families for their investment, and bridge the gap when no one else can. For more information visit www.salliemaefund.org.