Jan 31, 2012


Together the Companies Will Enhance College Planning Tools, Help Families Jumpstart College Savings With Upromise Rewards

(NEWARK, Del.) Jan. 31, 2012 - As planning for and choosing the right college are more important than ever, Sallie Mae has partnered with ConnectEDU to help high school students successfully plan for college and a career of their choice. The companies will work together to develop innovative financial planning products and services to enable students to create a free step-by-step college and career path, and to encourage them to save for college.

ConnectEDU’s web-based service offers academic planning, college selection, and career opportunities to more than 5 million high school and college-aged students through a growing network of over 100,000 high schools, colleges and employers.

“This partnership provides an exciting opportunity to drive a paradigm shift in the way students learn critical financial concepts and how those concepts unfold at the intersection of their education, career, and financial planning,” explains ConnectEDU CEO, Craig Powell. “With Sallie Mae tools, like the Upromise college savings program, we are even better positioned to provide comprehensive, student-centric planning resources in a single destination, leading to informed student decisions and smart financial planning.”

ConnectEDU’s national platform and products help students assess and match their interests and strengths with potential schools and careers, as well as evaluate their prospective investment. Students can search for scholarships, grants and financial aid opportunities and easily complete financial aid applications. Now through this partnership, ConnectEDU will feature Sallie Mae’s Upromise rewards service to encourage students and their families to save for college.

Free to join at Upromise.com, members have earned more than $660 million in cash for college, including $64 million in 2011 alone. Money earned from everyday spending goes directly into a Upromise account and can be invested in a tax-deferred 529 plan, deposited into a Sallie Mae high-yield savings account, used to help pay down a Sallie Mae eligible student loan, or requested by check.

“College is a major lifetime investment and we encourage families to approach it with their financial resources and potential post-graduate income in mind,” said Jack Remondi, president & COO, Sallie Mae. “Sallie Mae is excited to partner with ConnectEDU to expand the ways we can help students of all income levels pursue college.”


Sallie Mae (NASDAQ:SLM) is the nation’s No. 1 financial services company specializing in education. Whether college is a long way off or just around the corner, Sallie Mae turns education dreams into reality for its 25 million customers. With products and services that include college savings programs, scholarship search tools, education loans, tuition 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.

Jan 23, 2012


Expanded network will serve 20 million students, more than 3,000 educational institutions, and 130,000 employers

(BOSTON, MA) January 23, 2012 - ConnectEDU (the web-based leader in connecting learners to possibilities) and Experience (the largest university-endorsed career network bridging the gap between college and the working world) have merged to provide 21st-century learners the ultimate destination for college and career planning. For the first time, learners can map their education decisions to potential careers, versus blindly selecting a college major or course plan and assuming career prospects will exist upon graduation. With the integration of the Experience network, ConnectEDU’s products and services now form a database of a generation’s college and career decisions tied to actual college and career outcomes. Using predictive modeling and actionable intelligence, this information can be used to optimize investments in education plans, workforce development, and inevitably build a more stable financial future for all college graduates.

Specifically, employers can now build a talent pipeline by guiding learners’ education decisions, from middle school to college and beyond. Colleges can now better prepare students for gainful employment upon graduation by connecting career placement opportunities with course planning, internships and other employment preparation activities that will improve post-college outcomes. And government and workforce development organizations can better ensure economic sustainability by leveraging analytics and reporting across the Learner Lifecycle™. Together, institutions can now work collaboratively to connect the needs of the workforce with the educational paths being pursued.

“Education and career decisions must be integrated to truly empower a learner to be successful in the 21st-century job market,” said ConnectEDU CEO, Craig Powell. “Like many aspects of the education and workforce development initiatives in this country, the efforts to date – classifieds, job boards, etc. – are transactional in nature and don’t serve to inform a student’s decision making or prevent potentially catastrophic education and financial decisions. Gone are the days when a college education would ensure a student’s place in America’s middle class. Today, students must be positioned to succeed; they must have education plans that are informed by their career opportunities that will be available upon their graduation from college or completion of a certificate program. This requires a dynamic, real-time network and proactive planning solution; this is precisely what we have developed with Experience.com.”

“Experience’s vision has always been to help young adults learn from the experiences of others. More than simply a bank of resumes or a traditional job board, Experience helps people understand their choices and where their interests and aptitudes are in highest demand by employers,” said Experience CEO, Jennifer Floren Sozzi. “By teaming up with ConnectEDU, more learners enter into and will graduate from college prepared to apply their talents in ways that best serve the needs of employers and grow our economy.”
In combination, ConnectEDU and Experience will manage 20 million student accounts, over 3,000 high school, college and professional organization deployments, 130,000 employers, and over 1 million entry-level job opportunities – along with the actionable, data-driven intelligence derived from this extensive community.

About Experience:
Experience is the largest university-endorsed career network bridging the gap between college and the working world. Since 1996, we have partnered with universities to educate, assist and inspire college graduates to launch and lead extraordinary careers. Each year our award-winning network connects millions of candidates from 3,800 colleges and universities with more than 130,000 employers.

About ConnectEDU:
ConnectEDU, Inc. is the web-based leader in empowering students to manage their education, launch their careers, and secure a more stable financial future. Created, developed and run by people who have worked in every area of college counseling, admissions, and career development, ConnectEDU uses information technology to connect real students and real data with real colleges, and real career opportunities. ConnectEDU makes the college admissions process simpler, more efficient, more reliable and more effective. The Company’s approach gives every student, from every neighborhood across the country, the best opportunity to achieve their dream of a college education and promising career.