Navient Foundation awards $6,000 to Nemours Foundation

WILMINGTON, Del., July 6, 2015 (GLOBE NEWSWIRE) -- Navient, the nation's leading loan management, servicing and asset recovery company, has announced that Navient Foundation, the company-sponsored philanthropic organization, awarded a $6,000 grant to Nemours Foundation. The contribution will help support the Wilmington children's hospital and to sponsor the 2015 "Help Our Kids" radiothon.

"For the past several years, Navient has been a critical supporter of Nemours and the "Help Our Kids" radiothon, which raises more than a quarter of a million dollars for the Nemours/Alfred I. duPont Hospital for Children," said Marie Hiddemen, associate director, Nemours Foundation. "In addition to its generous sponsorship, Navient provides volunteers who help ensure the event runs smoothly during the two days of live broadcasting. They have been an invaluable asset to Nemours, and we are grateful for their partnership."

Since 2010, Nemours/Alfred I. DuPont hospital has hosted its annual "Help Our Kids" radiothon, where local radio stations broadcast live from the hospital, interviewing patients, physicians, nurses and others, while encouraging listeners to phone in and make donations.

"We are proud to stand behind their dedication to the health and support of our community's children," said Sheila Ryan-Macie, senior vice president, Navient.

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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 more than $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. Navient began trading on Nasdaq as an independent company on May 1, 2014.

CONTACT: Nick LaMastra, 302-283-2964, nicholas.lamastra@navient.com