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What leads us as a society?

Money? Politics? The media? Or education. Everything we do has been learned. A mother’s care. A father’s wisdom. Everything. We believe students want to learn. And that they should be able to go to college. No matter who they are, where they’re from or if they have the money. For over 25 years, Sallie Mae has helped millions of students plan and pay for college. Because what they learn is seen in the lives they live. And passed down to the people they touch. That’s why we do what we do. That’s why we love what we do. Education leads us.

IA commitment to education,a commitment to innovation.New products, new services, one mission.Education leads us. The words form our tagline, but it’s been our mission for more than 25 years. From the moment Sallie Mae was created, everything we’ve done has been for the sake of education — sending kids to college and helping schools run their campuses more efficiently. That’s why we exist. So we’ve developed an array of products, services and programs to make students’ lives better, your job easier and society as a whole stronger — to honor the promises we’ve made.Your needs, our solutions.You’ll see our commitment in the next generation of Laureate® and the steps we’ve taken to streamline student loan delivery further.You’ll find our commitment in the expansion of our parent loan services. We understand that PLUS loans are becoming an increasingly important part of education financing. And we want to help as many families as possible qualify.Our commitment is evident in our private education loan programs, which we’re broadening so that every student can afford an education where and how they choose.It is also in the way we’re expanding our list of repayment options, because we want to make loan repayment both manageable and affordable.And that’s just the beginning. We’re looking at the entire process, from students and families to FAAs to institutions, to see where we can help. That’s what we come to work to do — and what makes our job so rewarding.

IIStreamline your financial aid operation.Experience the Laureate solution.Sallie Mae’s Laureate is an Internet-based loan delivery solution that integrates seamlessly with your existing financial aid system. By combining cutting-edge technology with streamlined student loan processing, Laureate provides you, your students and their families with radically simplified federal and private student loan delivery. And, there’s no lengthy installation process and no need for new equipment or additional resources. Sallie Mae provides complete on-site training to get your staff up and running in no time with Laureate. Our assistance goes beyond Laureate.Laureate is complemented by our Internet-based file transfer system, OpenLineSS.SM Available at no charge, Open LineSS provides financial aid offices with fast and secure student loan file transfer. Your files are processed and made available to recipients immediately, in additionto being tracked for record keeping. You can use OpenLineSS to exchange data with any destination that supports Commonline 4. No special software or equipment is needed for OpenLineSS to enhance your student loan processing. Improve your back office with Sallie Mae Solutions.Sallie Mae Solutions, a Sallie Mae company, can help your school improve its back office operations with a range of business and technical solutions. By letting us take care of your back office functions, you can lower costs and maximize your employee’s time. We can manage your business systems as an Application Serivce Provider (ASP) or as a licensor of software.It’s one more way we can put Sallie Mae’s experience to work for you.

IIIManage your cash flow.When regulations change, we respond.We understand the latest cash management regulations have placed increasing pressure on many campus offices to process and apply loan funds to students’ accounts quickly. So, Sallie Mae designed a suite of services to help you manage your cash flow. Whether you utilize the latest in student loan processing technologies or handle many items manually, your Higher Education Sales Representative can work with you to choose the best combination of tools and services.Control disbursement funding and more.The student loan industry has developed a “Hold and Release” process to give school administrators better control over disbursement timing. Utilizing this process in conjunction with Sallie Mae’s loan delivery products — Laureate, OpenLineSS, and School Self-Service on www.salliemae.com — will give you tremendous power and minimize the number of adjustments you need to perform. Imagine getting only the funds you need, only when you need them.Sallie Mae can disburse loan proceeds and handle adjustments through an incredible variety of mechanisms. Do you want EFT or check? Do you want your funds from various lenders disbursed separately or in a consolidated fashion? Do you need rosters via fax, the Internet or electronic files? Do you need ELM- or CommonLine-formatted roster files? Regardless of your needs, we have solutions.Control over disbursement timing and amounts is only part of the cash management battle. Administrators at institutions of all types are turning to financial aid and business offices for assistance with campus cash flow issues. These offices are expected to anticipate and alleviate potential shortfalls in student funds, estimate loan approval rates, secure flexible funding programs and provide timely, accurate reports on expected student payments. Sallie Mae can help by bringing our innovative loan programs, disbursement services and loan delivery tools to your campus. So, talk to us to find out how Sallie Mae Solutions can outsource your administrative worries while letting you retain full control over the process.

IVHelp families get the affordable funding they need.Families get essential assistance to pay for college.Sallie Mae offers families the best in Stafford and PLUS loan services — from fast application approvals to borrower benefits that save students money to flexible repayment terms. But we know that sometimes the most vital assistance for a family is reliable information from a trusted source. Sallie Mae’s College Answer® and Parent AnswerSM Services provide students and their families with all the information they need to qualify and apply for financial aid. Our counselors offer valuable information about the financial aid process. From help completing the correct forms to finding the right sources of aid, from work-study opportunities to explanations of generally accepted terms, we give parents guidance in the complex world of financial aid. Families can get preapproved for PLUS in just minutes.Over the Internet, by phone or fax, it’s never been easier for families to qualify and applyfor PLUS loans. And that’s a plus for you — freeing your office from the tedious paperwork that traditionally accompanies the preapproval process. You tell us your needs, and Sallie Mae will tailor a program that works with your systems and respects your processes.PLUS SuccessSM Service.At Sallie Mae, we know that significant numbers of parents are initially rejected for PLUS loans and are unaware of the reason why. At Sallie Mae, we don’t simply deny parents and leave them to figure out how to cover their child’s education bills. Our PLUS Success Service provides a trained staff of professionals dedicated to working with these parents. Sallie Mae reviews every credit report to look for the adverse credit items that are preventing the loan from being approved. Then we work with the parents to resolve them. As a result, a significant number of parents who receive Success counseling end up being approved for PLUS.

VFill federal and private funding needs in one package.One-stop education funding.Sallie Mae makes it possible for you to provide your students and their families with a comprehensive, affordable source of funds that meets all of their education financing needs. By packaging low-cost Federal Stafford loans with private loans, Sallie Mae is your one-stop source for education funding.Innovative Signature Loans give students solutions.With our redesigned Signature Education LoanSM Program, you can offer higher approval rates and lower fees to the students you want to recruit. By combining low-cost Federal Stafford loans with private loans, the Signature Loan Program offers a single source of education funding for students and their families who need financing beyond what federal programs can offer. What’s more, students can find outin a matter of minutes if they qualify for Signature Education Loans by calling the Signature ExpressSM Service at 1-800-695-3317. And, students at Laureate schools will have the choice to apply online.We give grad students a place to turn.We’ve formed partnerships with professional organizations like AAMC and GMAT to help provide comprehensive, low-cost education funding for graduate school students. Through three loan programs — MEDLOANSSM, LAWLOANSSM and MBA LOANSSM— eligible graduate students can apply for both Federal Stafford and private loans. They’re also eligible for Sallie Mae’s money-saving borrower-benefits programs, which can reduce the cost of financing their professional studies and make repayment easier and more affordable.

We believe students want to learn. And they should be able to go to college. No matter who they

are, where they’re from or if they have the money, students should be able to go to college.

VIServe your changing student population.Sallie Mae offers lifelong support for a lifetime of learning. Institutions of all types are coping with the needs of a changing student population. Many of today’s students are working full-time and attending school at night or on weekends. Some may be parents with family responsibilities and time constraints. Others are returning to class part-time or taking classes online — not to pursue degrees, but to satisfy career development needs.Sallie Mae understands what these changes mean. So we’ve developed loan programs to meet the needs of this newest wave of students. Through SLM Financial Corporation, we provide low-cost funding tailored to students enrolled less than half-time or pursuing nondegree programs. Because these borrowers do not always fit the traditional college student eligibility for these programs, interest rates are tied to the individual borrower’s credit situation. These private loan programs are ideal for students enrolled in technical training, trade school, distance learning or other continuing education programs to cover the total cost of education and certain related expenses. They offer repayment terms and interest-only payment options to help make paying for education easier.

VIIProvide the widest array of flexible repayment choices.A repayment plan to suit every student.Just as every student has different needs, every student has a different financial situation when they graduate. That’s why Sallie Mae offers borrowers repayment choices to fit every budget, income and lifestyle. Borrowers can choose a plan that has small initial payments that increase over time. Or, they can choose to have a payment directly tied to a percentage of their actual income. Others may be looking for a way to minimize the total cost of their loans. Our counselors are available to talk borrowers through the options so they make the choice that is best for them. They can also use the interactive calculators on our Web site, www.salliemae.com, to choose the right repayment option for them.Direct debit programs lower interest rates.Sallie Mae also offers a choice of repayment vehicles for those borrowers who do not want to write checks each and every month. NetRepaySM, one of the latest payment innovations from Sallie Mae, allows borrowers to view bills and make payments online. NetRepayborrowers have true online access to the entire bill payment process. The Direct RepaySM program reduces borrowers’ interest rates when they choose to repay their loans electronically.Choose to simplify with a consolidation loan.For many borrowers, consolidation lowers their monthly payments and simplifies repayment overall. And, Sallie Mae has introduced a new consolidation option, which allows them to lower payments, increase account simplicity and also maintain eligibility for standard FFELP benefits and Sallie Mae interest rate reductions. That’s not all. Ask your Higher Education Sales Representative about our Flex RepaySM and SMART AdvantageSM Acounts.High balance borrowers have special needs.The latest reauthorization of the Higher Education Act allows borrowers with more than $30,000 in education loan debt to secure repayment terms of up to 25 years. While Sallie Mae already has several options to bring repayment relief to this type of borrower, we recently introduced the Extended Repayment Account.

VIIIHelp students manage their debt.Preventing defaults is good business for everyone.At Sallie Mae, we are acutely aware of the devastating effects defaults can have on everyone — your students, your institution and your partners in the FFELP. Good default management starts very early in the process. That’s why we are committed to working with you to help your students make responsible borrowing decisions at the start. And that’s why we offer assistance to help borrowers meet their repayment options — through counseling and a variety of flexible repayment programs designed to encourage sound fiscal behavior.Unfortunately, some students find themselves in trouble anyway. A specially trained staff at Sallie Mae is dedicated to resolving all delinquencies as quickly as possible. We know that sometimes it takes more than a forbearance to straighten out a problem, soour representatives go beyond regulatory requirements to actively seek out delinquent borrowers until live contact is made. Our extra efforts have helped to significantly reduce defaults and their damaging effects.Visit www.salliemae.com for debt management counseling help. Our Web site features Debt Management Tips, useful financial planning advice for borrowers just starting undergraduate or graduate school, as well as those just beginning their careers. These materials are also available in hard copy form, if you prefer.Sallie Mae has partnered with many institutions to help resolve default issues and work toward a lower default rate. Ask your Higher Education Sales Representative for personalized assistance with your default management program on campus.

IXClick onwww.salliemae.comIt’s not just a Web site, it’s a powerful tool.We developed salliemae.com to make your job easier and help students through the loan process from beginning to end. Our Online Account Access provides FAAs and students with secure, up-to-the-minute information on student loan accounts. This password-protected service allows users to view individual loan accounts or to submit personal information updates. Use it as a tool for one-on-one counseling using students’ actual loan data. This service also features two-way messaging, so you and your students can communicate with Sallie Mae on a secure server.The Online Entrance Counseling Quiz helps you fulfill your entrance counseling requirements without live sessions. Students receive a counseling tutorial online and then take an interactive quiz right on the Web site. The quiz tests students’ knowledge about prepayment, deferments and more. All test results are then reported back to your office. Contact your Higher Education Marketing Representative to sign up. An online exit counseling feature is coming soon. We offer students online benefits.Sallie Mae’s interactive calculators help students forecast college costs, estimate borrowing needs and calculate their student loan monthly payments. And, they can view their monthly bills and repay their education loans online with NetRepaySM.Through salliemae.com, students also get free, exclusive access to a comprehensive database of scholarships, fellowships, grants, internships and other free sources of college funding. All they have to do is simply click on the Sallie Mae-CASHE® Scholarship Service and complete a Student Profile Form. Within hours, students receive e-mail listings of available programs. Then, students can focus on applying to the specific sources that are most tailored to their interests and school plans. The service already includes institutional awards for many campuses. Ask your Higher Education Marketing Representative how to add your institution’s scholarship programs to the database.And, Sallie Mae borrowers who use www.salliemae.com have exclusive access to the Sallie Mae Mall, which provides discounted services and product offerings created especially for them by Sallie Mae and a network of the nation’s top retailers.

Look to Sallie Mae for more than student loans.XAt Sallie Mae, we believe that our work has just begun. We will continue to find ways to open the doors of education to as many people as possible, and to make providing that education as easy and manageable as possible. That’s not just something we strive for as a company. It’s the only thing we strive for. For more information, call your Higher Education Sales Representative or our National Sales Office at 1-800-777-1136.

What leads us as a society? Money? Politics? The media? Or education. Everything we do has been learned. A mother’s care. A father’s wisdom. Everything. We believe students want to learn. And that they should be able to go to college. No matter who they are, where they’re from or if they have the money. For over 25 years, Sallie Mae has helped millions of students plan and pay for college. Because what they learn is seen in the lives they live. And passed down to the people they touch. That’s why we do what we do. That’s why we love what we do.

Education leads us.

USA Education, Inc., and its subsidiaries, other than the Student Loan Marketing Association, are not sponsored by or agencies of the United States. Education Leads UsSM, Net.RepaySM, PLUS SuccessSM, Signature Education LoanSM, Signature ExpressSM, and Parent AnswerSM are service marks and Laureate® is a registered trademark of Sallie Mae, Inc. LineSSSM and Direct RepaySM are service marks, and College Answer®, SMART LOAN® and CASHE® are registered trademarks of the Student Loan Marketing Association (Sallie Mae). CommonLine® is a registered trademark of the National Council of Higher Education Loan Programs (NCHELP). MBA LOANSSM and LAWLOANSSM are service marks of the HEMAR Insurance Corporation of America (HICA). MEDLOANSSM is a service mark of the Association of American Medical Colleges. Copyright ©2000 Sallie Mae. All Rights Reserved. 9/00.11600 Sallie Mae DriveReston, VA 20193www.salliemae.com