United Way recognizes Navient and its employees

Employee contributions raise $283,000

FISHERS, Ind., June 4, 2014 (GLOBE NEWSWIRE) -- Navient was among the top companies honored by the United Way of Central Indiana today for helping people learn more, earn more and lead healthy lives.

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Navient, the nation's leading loan management, servicing and asset recovery company, was presented an award for the biggest increase in contributors. The pledges for 2014 increased 67 percent from the previous year, which resulted in the largest increase in campaign dollars in five years. Employee contributions totaled $283,000 this year.

The award was presented at United Way's annual meeting, attended by about 890 corporate and community leaders. Jon Kroehler and Nancy Haas of Navient accepted the award on behalf of the employees.

"Navient employees support the communities they serve," said Nancy Haas, vice president, Navient, and campaign chairwoman. "Many of our employees directed their financial contributions to services and programs that benefit their neighbors in Indiana."

Navient was also recognized with the "Company that Cares Award" for hitting goals in fundraising and volunteerism. In addition to accepting pledge contributions, Navient plans fun workplace events and fundraising activities. One of the most successful fundraising efforts is "jeans for charity." Employees can earn a pass that allows them to dress down on certain days for their donations.

For more information about the United Way of Central Indiana, visit www.uwci.org.

About Navient

As the nation's leading loan management, servicing and asset recovery company, Navient (Nasdaq:NAVI) helps customers navigate the path to financial success. Servicing nearly $300 billion in student loans, the company supports the educational and economic achievements of more than 12 million Americans. A growing number of government and higher education clients rely on Navient for proven solutions to meet their financial goals. Learn more at navient.com. Created from the strategic separation of Sallie Mae, Navient began trading on NASDAQ as an independent company on May 1, 2014.

United Way of Indiana Award

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