SLM Corporation (NYSE: SLM), commonly known as Sallie Mae, today announced that it will release 2010 fourth-quarter earnings results after the close of the New York Stock Exchange on Wednesday, Jan. 19, 2011. Sallie Mae Vice Chairman and CEO Albert L. Lord and President and COO Jack Remondi will host a conference call for shareholders at 8 a.m. EST on Thursday, Jan. 20, 2011.

To participate in the call on Jan. 20, please dial (877) 356-5689 (USA and Canada) or dial (706) 679-0623 (international) and use access code 35277584 starting at 7:45 a.m. EST.

A live audio webcast of the conference call may be accessed at www.SallieMae.com/investors. In addition, supplemental financial information and presentation slides used during the company's investor conference call will be available on the company's website no later than the call's start time.

Investors may access a replay of the conference call via the company's website within one hour after the call's conclusion. A telephone replay may be accessed two hours after the call's conclusion through Feb. 3 by dialing (800) 642-1687 (USA and Canada) or (706) 645-9291 (international) with access code 35277584.

SLM Corporation (NYSE: SLM), commonly known as Sallie Mae, is the nation's only financial services company specializing in education. Sallie Mae's saving programs, planning resources and financing options have helped more than 31 million people make the investment in higher education. The company manages or services more than $236 billion in education loans and serves 11 million student and parent customers. Its affiliate Upromise Investments, Inc., manages $27 billion in 529 college savings plans, and members of Upromise by Sallie Mae have earned more than $575 million in rewards to help pay for college. Sallie Mae offers services to a range of institutional clients, including colleges and universities, student loan guarantors and state and federal agencies. More information is available at www.SallieMae.com. SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.

Sallie Mae
Media
Martha Holler, 703-984-5178
martha.holler@SallieMae.com
or
Patricia Nash Christel, 703-984-5382
patricia.christel@SallieMae.com
or
Investors
Steve McGarry, 703-984-6746
steven.mcgarry@SallieMae.com
or
Joe Fisher, 703-984-5755
joe.fisher@SallieMae.com