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The application program will be available again in November. Please return then to view the updated Eligibility and Awards for the upcoming academic year! If you are an applicant who would like to discover more scholarship opportunities you might qualify for, please continue to the Scholarship America Hub and sign up!

Sallie Mae Family Scholarship Program
Application status: Closed

Sallie Mae has established a scholarship program to assist employees’ children who plan to continue their education in college or vocational school programs. Renewable scholarships are offered each year for full-time study at an accredited institution of the student’s choice.

This scholarship program is administered by Scholarship America®, the nation’s largest designer and manager of scholarship and other education support programs for corporations, foundations, associations and individuals. Eligibility for individual programs is determined at the sole discretion of the sponsor, and eligible applications are reviewed by Scholarship America’s evaluation team.

Applicants of the Sallie Mae Family Scholarship Program must be:

  • Dependent* children, of full-time or part-time (24 hours/week or more) employees of Sallie Mae and/or its subsidiaries who have a minimum of one year of employment with the company as of the application deadline date.
  • *Dependent children are defined as natural and legally adopted children or stepchildren of the employee who qualify for benefits provided by Sallie Mae.
  • High school seniors or university students who plan to enroll or are already enrolled in full-time undergraduate or graduate study at an accredited two-year or four-year college, university, or vocational-technical school for the entire upcoming academic year.

Children of officers or members of the Board of Directors of Sallie Mae and/or its subsidiaries are ineligible.


If selected as a recipient, the student will receive a $5,000 award. Up to ten (10) awards will be granted each year.

Awards may be renewed for up to three (3) additional years* or until a degree or certificate is earned, whichever occurs first. Renewal is contingent upon satisfactory academic performance in full-time study, continued employment of the student’s parent with the company, and continuation of the program by Sallie Mae. Students whose parents’ jobs were terminated, subject to the terms of a severance agreement between the parent and Sallie Mae, will continue to be eligible for renewal as long as the student remains in good standing.

*Students may remain eligible for renewal provided the student has continuous schooling (no breaks) when moving from undergraduate degree to graduate degree.

Awards are for undergraduate or graduate study.

Selection of Recipients

Scholarship recipients are selected on the basis of:

  • Academic record
  • Demonstrated leadership and participation in school and community activities
  • Work experience
  • A statement of educational and career goals and objectives
  • Unusual personal or family circumstances
  • An online recommendation

Selection of recipients is made by Scholarship America. In no instance does any officer or employee of Sallie Mae play a part in the selection. All applicants agree to accept the decision as final.


Applicants will be notified in March. Not all applicants to the program will be selected as recipients. Students not selected as recipients may reapply to the program each year they meet eligibility requirements.

Payment of Scholarships

Scholarship America processes scholarship payments on behalf of Sallie Mae. Payments are made in one installment early August.

As part of your application, you must upload the following document:

  • Current, complete transcript of grades. Grade reports are not accepted. Transcripts must display student name, school name, grades and credit hours for each course, and term in which each course was taken.

One online recommendation form must be submitted on your behalf no later than January 19, 2024 3:00 pm Central Time.

Your application is not complete unless all required documents are submitted electronically.

Sallie Mae has partnered with Scholarship America. Select the button below to be directed to the Scholarship America Student Hub!

Please make sure to add as well as the program email address provided below in the footer as safe senders in your email contact list.