College Students Traveling for Spring Break Can Relax Even More with Travel Insurance from Sallie Mae

  College Students Traveling for Spring Break Can Relax Even More with Travel
  Insurance from Sallie Mae

Business Wire

NEWARK, Del. -- March 15, 2013

Spring break is a popular time for college students to travel, and Sallie Mae
wants to remind students to plan for the unexpected. As millions of college
students prepare for vacation getaways this spring, Sallie Mae’s travel
insurance helps ensure students’ needs are met in the event their trip is cut
short due to unexpected weather conditions or because of an unfortunate
medical issue.

“College students deserve to enjoy relaxing safely, and their parents don’t
need extra worry,” said Charlie Rocha, senior vice president, Sallie Mae.
“Students and their families can easily and affordably protect their travel to
make sure a welcome break from the books comes with peace of mind.”

Sallie Mae’s travel insurance includes interruption insurance, protecting the
trip cost in the event of unplanned circumstances such as inclement weather or
illness. At a fraction of the total trip cost, travel insurance is a low-cost
way to protect the total amount spent on spring break, and can be purchased up
to the day of travel.

Sallie Mae’s travel insurance benefits include:

  *Cash reimbursement airlines and cruise companies may not provide in event
    of trip cancellation. Many airline and cruise companies’ insurance
    policies strictly limit allowable reasons fortrip cancellation. The
    Sallie Mae policy helps protect against cancellations due to weather,
    natural disaster, sickness, injury, death in the family and trip delays.
  *Protection for medical events and medical expenses. Health insurance may
    not protect students from high costs of medical treatment while traveling,
    especially outside of the United States. Travel insurance may help cover
    medical expenses and medical evacuation to return home.
  *Extra baggage protection. Travel insurance can cover the expenses from
    baggage loss, delay, theft and damage that a homeowner’s policy and credit
    card may not cover.
  *Value-added travel assistance services. Travel assistance services provide
    students and parents with additional security and convenience at no extra
    cost with services like recovery of identification in the event of ID
    theft and emergency cash advance.

To learn more, visit www.salliemae.com/insurance/travel.

Sallie Mae(NASDAQ: SLM) is the nation’s No. 1 financial services company
specializing in education. Celebrating 40 years of making a difference, Sallie
Mae continues to turn education dreams into reality for American families,
today serving 25million customers. With products and services that include
529 college savings plans, Upromise rewards, scholarship search and planning
tools, education loans, insurance, and online banking, Sallie Mae offers
solutions that help families save, plan, and pay for college. Sallie Mae also
provides financial services to hundreds of college campuses as well as to
federal and state governments. Learn more at SallieMae.com. Commonly known as
Sallie Mae, SLM Corporation and its subsidiaries are not sponsored by or
agencies of the United States of America.

Contact:

Sallie Mae
Abigail Harper, 302-283-4060
Abigail.Harper@SallieMae.com