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News Releases
Date Title and Summary View
Sep 13, 2017
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Sep 8, 2017 SAVANNAH, Ga., Sept. 08, 2017 (GLOBE NEWSWIRE) -- Savannah resident and Navient employee Rachel Gleason George has received the company's quarterly Navigator Leadership Award. As vice president and associate general counsel, George was nominated for providing a high level of service to the company and exemplifying the Navient values of leade...
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Aug 28, 2017 WILMINGTON, Del., Aug. 28, 2017 (GLOBE NEWSWIRE) -- Navient (NASDAQ:NAVI), a leading asset management and business processing services company, today announced that President and CEO Jack Remondi will speak at the Barclays 2017 Global Financial Services Conference on Monday, Sept. 11, 2017. Remondi will deliver remarks at 10:30 ...
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Aug 21, 2017 GLENS FALLS, N.Y., Aug. 21, 2017 (GLOBE NEWSWIRE) -- Glens Falls resident Cate Fitzgerald was recognized by her employer, Navient, for providing a high level of service and exemplifying the company values of leadership and customer-centricity. A photo accompanying this announcement is available at ...
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Aug 14, 2017 HENDERSONVILLE, Tenn., Aug. 14, 2017 (GLOBE NEWSWIRE) -- Xtend Healthcare, a leading healthcare revenue cycle management company, announced the expansion of its Health Information Management (HIM) technology and consultancy services with the acquisition of ELIPSe. Based in Los Angeles, California, ELIPSe specializes in e...
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Aug 10, 2017 WILMINGTON, Del., Aug. 10, 2017 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), a leading asset management and business processing services company, today announced that its board of directors approved a 2017 third quarter dividend of $0.16 per share on the company's common stock. The third quarter 2017 dividend will be...
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Aug 2, 2017 FISHERS, Ind., Aug. 02, 2017 (GLOBE NEWSWIRE) -- Navient employees donated more than 20,000 items to Operation Gratitude to support service members, including new recruits, wounded heroes and their caregivers and families, as well as veterans of the U.S. military and first responders. A nonprofit organization, Operation Gratitud...
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Aug 1, 2017 WILMINGTON, Del., Aug. 01, 2017 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), a leading asset management and business processing services company, announced the acquisition of Duncan Solutions, a transportation revenue management company serving municipalities and toll authorities. "We are pleased to align with a lead...
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Jul 26, 2017 WILKES-BARRE, Pa., July 26, 2017 (GLOBE NEWSWIRE) -- Osterhout Free Library, one of the oldest libraries in Northeastern Pennsylvania, will undergo enhancements to help support the needs of area youth, thanks in part to a local employer's support. As part of the Luzerne County Library System, the facility provides materials and ...
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Jul 18, 2017 WILMINGTON, Del., July 18, 2017 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), a leading asset management and business processing services company, today has posted its second quarter 2017 financial results. The complete financial results release is available on the company's website at ...
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Jul 11, 2017 WILKES-BARRE, Pa., July 11, 2017 (GLOBE NEWSWIRE) -- Navient employees in Wilkes-Barre stayed up past their bedtimes to support cancer patients during Relay for Life's Disney-themed, 24-hour "Wish Upon a Cure" fundraiser event, which, in addition to other employee-led initiatives, helped raise more than $9,000 to support Relay f...
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Jul 6, 2017 WILMINGTON, Del., July 06, 2017 (GLOBE NEWSWIRE) -- College is more important than ever, with degree completion correlated with financial health and career success down the road. Though many high schoolers will go on to pursue higher education once they graduate, the path to college may seem less clear for some than it is for...
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Jul 5, 2017 WILMINGTON, Del., July 05, 2017 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), a leading asset management and business processing services company, today announced that it will release its 2017 second quarter financial results on ...
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Jun 26, 2017 WILKES-BARRE, Pa., June 26, 2017 (GLOBE NEWSWIRE) -- Children who are unable to access healthy meals during the summer months, afterschool and weekends will continue to receive the support they need, thanks to the Commission on Economic Opportunity, a multi-service nonprofit that provides emergency food assistance to thousands o...
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Jun 22, 2017 WILMINGTON, Del., June 22, 2017 (GLOBE NEWSWIRE) -- Delaware Tech has announced the opening of its new Veterans Resource Center on its Charles L. Terry Campus in Dover. The center, which was funded by a $22,000 donation from the Navient Foundation, will host guest speakers and student veteran programs such as financial education...
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Jun 19, 2017 WILMINGTON, Del., June 19, 2017 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), a leading asset management and business processing services company, today announced that Tim Hynes will fill the newly-created role of executive vice president, consumer lending. Hynes has served as the company's chief risk and...
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Jun 2, 2017 WILMINGTON, Del., June 02, 2017 (GLOBE NEWSWIRE) -- Ross Hibbert, senior director of business transformation at Navient, received the company's quarterly Navigator Leadership Award for exemplifying Navient's values and leadership competencies. A photo accompanying this announcement is available at ...
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May 25, 2017 WILMINGTON, Del., May 25, 2017 (GLOBE NEWSWIRE) -- Jack Remondi, president and CEO of Navient, the nation's leading loan management, servicing and asset recovery company, delivered remarks at the company's 2017 Annual Meeting of Shareholders. Excerpts of his remarks are as follows: Navient employees including Pione...
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May 25, 2017 WILMINGTON, Del., May 25, 2017 (GLOBE NEWSWIRE) -- Navient today held its 2017 Annual Meeting of Shareholders in Wilmington, Del. Shareholders voted to reelect the ...
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May 10, 2017 WILMINGTON, Del., May 10, 2017 (GLOBE NEWSWIRE) -- Step inside Navient's Delaware offices and you will likely run into Jaimie Phipps. She is known for her bubbly personality and always being on the move to help others. It is these qualities that have made her the recipient of Navient's quarterly Solutions Navigator Award....
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May 3, 2017 WILMINGTON, Del., May 03, 2017 (GLOBE NEWSWIRE) -- Navient (NASDAQ:NAVI) today announced that President and CEO Jack Remondi will speak at the Barclays Americas Select Franchise Conference on Tuesday, May 16. Remondi will deliver remarks at 3:40 p.m. BST (10:40 a.m. EDT) in London. A live audio webcast, along with any written ma...
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Apr 24, 2017 WILKES-BARRE, Pa., April 24, 2017 (GLOBE NEWSWIRE) -- Northeastern Pennsylvania residents were awake early yesterday to show their support for the Hanover Township Fire Department. Volunteers for Navient's second Ladders & Laces 5K race and Jeans BeCause program raised $19,000 to assist in the construction of a new firehouse for...
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Apr 24, 2017 WILMINGTON, Del., April 24, 2017 (GLOBE NEWSWIRE) -- A new survey of high school and college students finds expectations about paying for college and borrowing are often out of step with reality. The study, conducted by Navient and the financial education group EverFi, found just 41 percent of high school seniors expect to borro...
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Apr 18, 2017 WILMINGTON, Del., April 18, 2017 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), a leading asset management and business processing services company, today has posted its first quarter 2017 financial results. The complete financial results release is available on the company's website at ...
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Apr 18, 2017
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Apr 12, 2017 NEW YORK, April 12, 2017 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), a leading asset management and business processing services company, yesterday received the Financial Capability Innovation Award from EverFi, an education technology company. Presented at the Nasdaq MarketSite in New York City, the award recognizes Navient...
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Apr 5, 2017 WILMINGTON, Del., April 05, 2017 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), a leading asset management and business processing services company, today announced that its board of directors approved a 2017 second quarter dividend of $0.16 per share on the company's common stock. The second quarter 2017 ...
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Apr 4, 2017 WILMINGTON, Del., April 04, 2017 (GLOBE NEWSWIRE) -- Navient, a leading asset management and business processing solutions company, today announced the appointment of David L. Yowan to its Board of Directors. "David Yowan's extensive background in corporate finance, consumer financial products, and processing servi...
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Apr 4, 2017 WILMINGTON, Del., April 04, 2017 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), a leading asset management and business processing services company, today announced that it will release its 2017 first-quarter financial results on Navient.com/investors after market close on Tuesday, April 18, 2017. Navient will host a conference ca...
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Apr 3, 2017 WILMINGTON, Del., April 03, 2017 (GLOBE NEWSWIRE) -- April is Financial Literacy Month, and as the costs of higher education continues to rise, financial literacy is increasingly important for anyone investing in higher education. According to Navient's annual Money Under 35 ...
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Mar 24, 2017 WILKES-BARRE, Pa., March 24, 2017 (GLOBE NEWSWIRE) -- Spring is finally here, meaning warmer weather is just around the corner. Now is the time to slip on those sneakers, step outside and start training for Navient's second Ladders & Laces 5K race on Sunday, April 23, to support the construction of a new firehouse for the Hanover ...
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Mar 22, 2017 PERRY, N.Y. and ARCADE, N.Y., March 22, 2017 (GLOBE NEWSWIRE) -- Pioneer Credit Recovery announced today that it will host hiring events in eight towns in Western New York from March 27-31. The recruitment events come as Pioneer Credit Recovery plans to hire 60 full-time employees by the end of May. Re...
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Mar 9, 2017
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Mar 8, 2017 WILMINGTON, Del., March 08, 2017 (GLOBE NEWSWIRE) -- Today, Navient announced the launch of Navient Labs, a digital lab built to test new ideas and te...
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Mar 3, 2017 HORSEHEADS, N.Y., March 03, 2017 (GLOBE NEWSWIRE) -- Pioneer Credit Recovery will host on-site job fairs on Thursday, March 9, from 9 a.m. to 5 p.m., and Friday, March 10, from 9 a.m. to 3 p.m. at 325 Daniel Zenker Drive. Pioneer Credit Recovery plans to hire more than 50 full-time and part-time temporary employees...
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Mar 1, 2017 WILMINGTON, Del., March 01, 2017 (GLOBE NEWSWIRE) -- While it's no secret that financial success begins with career success, navigating the path to a meaningful career can seem daunting for those starting out and pros alike. To help, Navient today launched ...
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Feb 27, 2017 WILKES-BARRE, Pa., Feb. 27, 2017 (GLOBE NEWSWIRE) -- Pioneer Credit Recovery will host on-site job fairs on Wednesday, March 1, from 10 a.m. to 6 p.m. and Saturday, March 4, from 9 a.m. to 12 p.m. at Hanover Industrial Park, 220 Lasley Avenue. Pioneer Credit Recovery plans to hire more than 50 full-time and par...
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Feb 21, 2017 WILMINGTON, Del., Feb. 21, 2017 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), a leading asset management and business processing services firm, today announced that Christian Lown will join the company as executive vice president and chief financial officer, effective March 27, 2017. Somsak Chivavibul, current CFO, will spearhead the...
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Feb 15, 2017 WILKES-BARRE, Pa., Feb. 15, 2017 (GLOBE NEWSWIRE) -- Jennifer Groeling, Wilkes-Barre resident and business technical coordinator for Navient, the nation's leading loan management, servicing and asset recovery company, received the company's quarterly Solutions Navigator Award for providing a high level of service to customers a...
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Feb 8, 2017 WILMINGTON, Del., Feb. 08, 2017 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, today announced the amendment of transaction agreements for Navient-sponsored securitizations totaling $190 million of bonds backed by federally guaranteed student loans. The amen...
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Feb 6, 2017 WILMINGTON, Del., Feb. 06, 2017 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, announced today that its board of directors approved a 2017 first quarter dividend of $0.16 per share on the company's common stock. The first quarter 2...
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Jan 31, 2017 WILMINGTON, Del., Jan. 31, 2017 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, today announced that President and CEO Jack Remondi will speak at the 18th Annual Credit Suisse Financial Services Forum on Tuesday, Feb. 7. He will deliver remarks at 3:...
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Jan 24, 2017 WILMINGTON, Del., Jan. 24, 2017 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, today has posted its fourth quarter and full-year 2016 financial results. The complete financial results release is available on the company's website at ...
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Jan 18, 2017 WILMINGTON, Del., Jan. 18, 2017 (GLOBE NEWSWIRE) -- Navient, the nation's leading loan management, servicing and asset recovery company, today issued the following statement on legal action filed against it today:The allegations of the Illinois Attorney General and Consumer Financial Protection Bureau are unfounded...
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Jan 18, 2017 WILMINGTON, Del., Jan. 18, 2017 (GLOBE NEWSWIRE) -- Navient, the nation's leading loan management, servicing and asset recovery company, today issued the following statement on legal action filed against it today: The allegations of the Consumer Financial Protection Bureau are unfounded, and the timing...
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Jan 11, 2017 MUNCIE, Ind., Jan. 11, 2017 (GLOBE NEWSWIRE) -- Local employer Navient will hire 35 customer service representatives in Muncie by the end of February. The hires will support a new business line for the company's subsidiary, Gila. Job seekers should apply online at ...
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Jan 9, 2017 WILMINGTON, Del., Jan. 09, 2017 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, will release its 2016 fourth-quarter and full-year earnings financial results on Navient.com/investors after market close on Tuesday, Jan. 24, 2017. Navient will host a conference...
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Jan 6, 2017 WILMINGTON, Del., Jan. 06, 2017 (GLOBE NEWSWIRE) -- Millions of people resolve to improve their financial health at the beginning of each year. Navient, the nation's largest student loan servicer, celebrates its customers who started the new year on a path to financial success. In 2016, more than 500,000...
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Dec 29, 2016 WILMINGTON, Del., Dec. 29, 2016 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, today announced the amendment of transaction agreements for Navient-sponsored securitizations totaling $512 million of bonds backed by federally guaranteed student loans. The amen...
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Dec 13, 2016 WILMINGTON, Del., Dec. 13, 2016 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, today announced the amendment of transaction agreements for Navient-sponsored securitizations totaling $170 million of bonds backed by federally guaranteed student loans. The a...
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Dec 8, 2016 WILMINGTON, Del., Dec. 08, 2016 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, announced today that its Board of Directors approved a new share repurchase program for up to $600 million of the company's outstanding common stock. Effective Jan. 1, 2017, the s...
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Dec 7, 2016 FISHERS, Ind., Dec. 07, 2016 (GLOBE NEWSWIRE) -- High school students in Indiana will receive the support and encouragement they need to attend college, thanks to the Starfish Initiative, a college access and readiness program serving economically disadvantaged high school students in Marion County. A photo accompanying this ann...
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Dec 5, 2016 WILMINGTON, Del., Dec. 05, 2016 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, today announced the amendment of transaction agreements for Navient-sponsored securitizations totaling $706 million of bonds backed by federally guaranteed student loans. The am...
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Dec 5, 2016 WILMINGTON, Del., Dec. 5, 2016—Navient is ranked among the best in the nation for corporate policies supporting lesbian, gay and bisexual workers, according to the 2017 Corporate Equality Index, released today by the Human Rights Campaign Foundation, the educational arm of the nation's largest LGBT civil rights organization.
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Nov 29, 2016 WILMINGTON, Del., Nov. 29, 2016 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, today announced the amendment of transaction agreements for a Navient-sponsored securitization totaling $573 million of bonds backed by federally guaranteed student loans. The am...
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Nov 28, 2016 WILMINGTON, Del., Nov. 28, 2016 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, today announced that President and CEO Jack Remondi will speak at the Goldman Sachs U.S. Financial Services Conference 2016 on Tuesday, Dec. 6. Remondi will deliver remarks at 8:05 a.m. EST in...
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Nov 21, 2016 WILMINGTON, Del., Nov. 21, 2016 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, today announced that CFO Somsak Chivavibul will speak at the J.P. Morgan 2016 FinTech & Specialty Finance Forum on Wednesday, Nov. 30, 2016. Chivavibul will deliver remarks at 9:30 a.m. EST in...
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Nov 15, 2016 WILMINGTON, Del., Nov. 15, 2016 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, today announced the amendment of transaction agreements for a Navient-sponsored securitization totaling $469 million of bonds backed by federally guaranteed student loans. The amendment was ef...
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Nov 15, 2016 MASON, Ohio, Nov. 15, 2016— General Revenue Corporation will host a job fair Wednesday, Nov. 16, through Friday, Nov. 18, from 9 a.m. to 2 p.m. at General Revenue Corporation's office, located at 4660 Duke Drive. The company seeks to fill more than 25 collector positions to join the team.
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Nov 11, 2016 WILMINGTON, Del., Nov. 11, 2016 (GLOBE NEWSWIRE) -- The Navient Foundation today announced a grant for $22,000 to Delaware Technical Community College to establish a Veterans Resource Center at the Charles L. Terry Campus in Dover. The center will host guest speakers and student veteran programs such as financial education, career workshops ...
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Nov 10, 2016 FISHERS, Ind., Nov. 10, 2016 (GLOBE NEWSWIRE) -- Erin Baker, Indianapolis resident and human resources coordinator for Navient, the nation's leading loan management, servicing and asset recovery company, received the company's quarterly Solutions Navigator Award for providing a high level of service to the company and exemplifyin...
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Nov 7, 2016 WILMINGTON, Del., Nov. 07, 2016 (GLOBE NEWSWIRE) -- In celebration of Veterans Day, Navient will join more than 20 companies on November 11 in ringing the opening bell at Nasdaq. Navient employees will also march in the Veterans Day Parade in New York City. Organized by Nasdaq, the Veterans Day Opening Bell ceremony is part of ...
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Nov 3, 2016 WILKES-BARRE, Pa., Nov. 03, 2016 (GLOBE NEWSWIRE) -- Longtime Navient employee William "Bill" Gabriel, who has been with the company for 25 years, has received Navient's quarterly Navigator Leadership Award.A photo accompanying this announcement is available at ...
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Oct 20, 2016 WILMINGTON, Del., Oct. 20, 2016 (GLOBE NEWSWIRE) -- The second annual Money Under 35 survey shows an improved financial picture for...
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Oct 18, 2016 WILMINGTON, Del., Oct. 18, 2016 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, today has posted its third quarter 2016 financial results. The complete financial results release is available on the company's website at ...
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Oct 6, 2016 WILMINGTON, Del., Oct. 06, 2016 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, announced today that its board of directors approved a 2016 fourth quarter dividend of $0.16 per share on the company's common stock. The fourth quarter 2016 dividend will...
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Oct 5, 2016 WILMINGTON, Del., Oct. 05, 2016 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, will release third quarter 2016 financial results on Navient.com/investors after market close on Tuesday, Oct. 18, 2016. Navient will host a conference call to review results on Wednesday, Oct...
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Oct 5, 2016 WILMINGTON, Del., Oct. 5, 2016—The U.S. Department of Treasury's Internal Revenue Service announced it has awarded Pioneer Credit Recovery, Inc., a performance-based contract to support its national recovery program. The program will begin next spring. Pioneer currently serves the U.S. Department of the Treasury Bureau of the Fiscal Servic...
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Oct 4, 2016 WILMINGTON, Del., Oct. 04, 2016 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, today announced an amendment extending the final maturity date of $509 million in bonds issued by a Navient-sponsored securitization backed by federally guaranteed student loan...
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Sep 30, 2016 WILMINGTON, Del., Sept. 30, 2016 — An analysis of the latest Cohort Default Rate default rate shows that federal student loan borrowers serviced by Navient are 31 percent less likely to default than those whose loans are serviced by other organizations. Released by the U.S. Department of Education annually, the Cohort Default Rate measures the...
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Sep 28, 2016 WILMINGTON, Del., Sept. 28, 2016 (GLOBE NEWSWIRE) -- All hands will be on deck on Tuesday, Oct. 4, as Navient, the nation's leading loan management, servicing and asset recovery company, joins more than 30 local employers aboard the Battleship New Jersey to participate in an upcoming job fair for veterans, located on 100 Clinton...
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Sep 23, 2016 FISHERS, Ind., Sept. 23, 2016 (GLOBE NEWSWIRE) -- Employees of local company Navient presented the Alzheimer's Association of Greater Indiana with a check for more than $8,000 last week to support Alzheimer's research and education. A photo accompanying this announcement is available at ...
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Sep 22, 2016 WILMINGTON, Del., Sept. 22, 2016 (GLOBE NEWSWIRE) -- Many college students haven't taken their first mid-term exam this semester and it's already time to prepare for another important assignment. That's because the Free Application for Federal Student Aid, or FAFSA, will be accepted for the 2017-18 school year as soon as Oct. 1. N...
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Sep 21, 2016 WILMINGTON, Del., Sept. 21, 2016 (GLOBE NEWSWIRE) -- Navient, the nation's largest student loan servicer, has issued the following statement in support of the Stop Taxing Death and Disability Act (H.R. 5204): We applaud bipartisan efforts in the House Ways and Means Committee to advance H.R. 5204. This legislation would elimina...
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Sep 16, 2016
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Sep 9, 2016 WILMINGTON, Del., Sept. 09, 2016 (GLOBE NEWSWIRE) -- Navient employees will join 2,000 participants and volunteers this weekend for the American Heart Association's 2016 Wilmington Heart Walk. The annual event raises money to save lives from the nation's top killers, including heart disease and stroke. The 5K walk kicks ...
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Sep 6, 2016 WILMINGTON, Del., Sept. 06, 2016 (GLOBE NEWSWIRE) -- The phones will ring off the hook at Nemours/Alfred I. DuPont Hospital for Children, as the local hospital hosts its sixth annual Help Our Kids radiothon this week. Serving 125,000 children annually in the Delaware Valley, the nonprofit children's health organization is dedica...
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Aug 31, 2016 WILMINGTON, Del., Aug. 31, 2016 (GLOBE NEWSWIRE) -- Navient (NASDAQ:NAVI), the nation's leading loan management, servicing and asset recovery company, today announced that President and CEO Jack Remondi will speak at the Barclays 2016 Global Financial Services Conference on Monday, Sept. 12, 2016. Remondi will deliver remarks at 11:15 a.m. E...
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Aug 30, 2016 WILMINGTON, Del., Aug. 30, 2016 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, today announced that it is exercising the servicer's call option to purchase all of the remaining federally guaranteed student loans held by SLM Student Loan Trust 2004-4 and SLM ...
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Aug 19, 2016 MASON, Ohio, Aug. 19, 2016 (GLOBE NEWSWIRE) -- Holly Harris, a client services representative for Navient, received the company's Solutions Navigator Award for consistently demonstrating customer-centricity and going above and beyond her normal call of duty when interacting with customers. A photo accompanying this annou...
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Aug 18, 2016 WILMINGTON, Del., Aug. 18, 2016 (GLOBE NEWSWIRE) -- Navient is giving $20,000 to support flood relief efforts across southern Louisiana. The contribution to the ...
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Aug 17, 2016 WILMINGTON, Del., Aug. 17, 2016 (GLOBE NEWSWIRE) -- Two upcoming job fairs will offer military veterans and transitioning service members an opportunity to find employment in Delaware. Navient will be among the dozens of employers that will participate in the events on Aug. 22 in Dover and Sept. 1 in Middletown. Navient, the nation's...
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Aug 10, 2016 RESTON, Va., Aug. 10, 2016 (GLOBE NEWSWIRE) -- Students in Northern Virginia will come to class this fall equipped with the school supplies they need to succeed, thanks to Kids R First, a nonprofit organization that helps provide classroom materials at the beginning of the school year for Northern Virginia kids in need. Navient Foundation, t...
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Aug 4, 2016 WILMINGTON, Del., Aug. 04, 2016 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, announced today that its board of directors approved a 2016 third quarter dividend of $0.16 per share on the company's common stock. The third quarter 2016 dividend will be paid on Sep...
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Aug 4, 2016 FISHERS, Ind., Aug. 04, 2016 (GLOBE NEWSWIRE) -- Indianapolis resident Nancy Haas, vice president of vendor relations and longtime employee of Navient, the nation's leading loan management, servicing and asset recovery company, received the company's quarterly Navigator Leadership Award.A photo accompanying this announcement is av...
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Aug 2, 2016 WILMINGTON, Del., Aug. 02, 2016 (GLOBE NEWSWIRE) -- Barry Williams, a member of the Navient Board of Directors, has been named to Savoy Magazine's ...
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Jul 19, 2016 WILMINGTON, Del., July 19, 2016 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, today has posted its second quarter 2016 financial results. The complete financial results release is available on the company's website at ...
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Jul 6, 2016 WILMINGTON, Del., July 06, 2016 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, will host a conference call to review second quarter 2016 financial results on Wednesday, July 20, 2016 at 8 a.m. EDT. The results are scheduled to be posted after market close on Tuesday, Jul...
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Jun 13, 2016 WILMINGTON, Del., June 13, 2016 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, today announced the amendment of transaction agreements for Navient-sponsored securitizations totaling $800 million of bonds backed by federally guaranteed student loans. The amen...
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Jun 6, 2016 WILMINGTON, Del., June 06, 2016 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, today announced the amendment of transaction agreements for Navient-sponsored securitizations totaling $1.1 billion of bonds backed by federally guaranteed student loans. The amen...
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Jun 2, 2016 WILMINGTON, Del., June 02, 2016 (GLOBE NEWSWIRE) -- Navient Foundation, the company-sponsored philanthropic fund, announced today that it has awarded a $12,000 grant to the YMCA of Delaware to help low-income children experience learning gains during the summer months. The YMCA of Delaware is the state's largest nonprofi...
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May 26, 2016 WILMINGTON, Del., May 26, 2016 (GLOBE NEWSWIRE) -- Navient today held its 2016 Annual Meeting of Shareholders in Wilmington, Del. Shareholders voted in accordance with the recommendations of the company's board of directors on each of the four proposals at the meeting. A photo accompanying this announcement is available at ...
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May 26, 2016 WILMINGTON, Del., May 26, 2016 (GLOBE NEWSWIRE) -- Jack Remondi, president and CEO of Navient, the nation's leading loan management, servicing and asset recovery company, delivered remarks at the company's 2016 Annual Meeting of Shareholders. Excerpts of his remarks on the cost of college and student debt are as follows: On t...
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May 19, 2016 FISHERS, Ind., May 19, 2016 (GLOBE NEWSWIRE) -- The Humane Society for Hamilton County, a nonprofit, no-kill animal shelter, yesterday brought along 16 furry companions to local employer Navient. "Walk the Employee," as the event is known, aims to promote employee wellness, while creating awareness about shelter animals and pet ad...
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May 10, 2016 WILMINGTON, Del., May 10, 2016 (GLOBE NEWSWIRE) -- Navient (NASDAQ:NAVI), the nation's leading loan management, servicing and asset recovery company, today announced that President and CEO Jack Remondi will speak at the Barclays Americas Select Franchise Conference on Tuesday, May 17. Remondi will deliver remarks at 4:20 p.m. BST (11:20 a.m....
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May 9, 2016 NEWARK, Del., May 09, 2016 (GLOBE NEWSWIRE) -- Jan Wu, strategy analyst for Navient, the nation's leading loan management, servicing and asset recovery company, received the company's Solutions Navigator Award for job excellence. A photo accompanying this announcement is available at ...
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May 3, 2016 FISHERS, Ind., May 03, 2016 (GLOBE NEWSWIRE) -- Lori Sachs, operations supervisor for Navient, was awarded the Patriotic Employer Award from the Department of Defense's Indiana Employer Support of the Guard and Reserve. The award recognizes employees who enable members of the National Guard and Reserve to serve their country by ...
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Apr 25, 2016 FISHERS, Ind., April 25, 2016 (GLOBE NEWSWIRE) -- Navient, the nation's leading loan management, servicing and asset recovery company, announced Julie Lee is the recipient of the company's Navigator Leadership Award. A photo accompanying this announcement is available at ...
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Apr 22, 2016 WILMINGTON, Del., April 22, 2016 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, today announced the amendment of the transaction agreement for SLC Student Loan Trust 2008-2, totaling $61 million of bonds backed by federally guaranteed student loans. The amen...
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Apr 21, 2016 WILMINGTON, Del., April 21, 2016 (GLOBE NEWSWIRE) -- Navient Foundation, the company-sponsored philanthropic fund, contributed $10,000 to the Delaware Adolescent Program, Inc. (DAPI). The organization provides education for pregnant and parenting teens through outreach, mentoring and supportive services. A photo accompan...
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Apr 19, 2016 Acquired over $1.5 Billion of FFELP LoansCompleted Two FFELP ABS Transactions through April 14Extended $7.5 Billion FFELP ABCP Facility to 2018Private Education Loan Charge-Offs down 24 Percent from Year-Ago Quarter WILMINGTON, Del., April 19, 2016 (GLOBE NEWSWIRE)...
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Apr 18, 2016 WILMINGTON, Del., April 18, 2016 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, today announced the amendment of transaction agreements for Navient-sponsored securitizations totaling $1.2 billion of bonds backed by federally guaranteed student loans. The ame...
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Apr 12, 2016 WILMINGTON, Del., April 12, 2016 (GLOBE NEWSWIRE) -- Today, Navient CEO Jack Remondi presented at a hearing held by the Republican Policy Committee Millennial Task Force on College Completion, Flexibility, and Affordability for an Emerging Generation. As the nation's largest student loan servicer with more than 40 years of experience working...
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Apr 11, 2016 WILMINGTON, Del., April 11, 2016 (GLOBE NEWSWIRE) -- Today, Navient released additional insights from its report on the financial health of young Americans, Money Under 35. The special report takes a deeper look at whether student debt is related to delays in buying a home, getting married, and having children. The special report shows the m...
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Apr 7, 2016 NEW YORK, April 07, 2016 (GLOBE NEWSWIRE) -- Navient, the nation's leading loan management, servicing and asset recovery company, was honored yesterday with the Innovation in Financial Education Award presented by Nasdaq and EverFi. The award recognizes Navient's significant efforts to improve the financial capability of Americans through un...
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Apr 7, 2016 WILMINGTON, Del., April 07, 2016 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, today announced the amendment of transaction agreements for six Navient-sponsored securitizations totaling $281 million of bonds backed by federally guaranteed student loans. T...
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Apr 6, 2016 WILMINGTON, Del., April 06, 2016 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, will release its 2016 first quarter results after market close on Tuesday, April 19, 2016. In addition, the company will host a conference call for shareholders at 8 a.m. EDT on...
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Apr 6, 2016 WILMINGTON, Del., April 06, 2016 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI) has been recognized as a 2020 Women on Boards Winning "W" Company for the second consecutive year. The national award is presented to companies with at least 20 percent women on their board of directors. Navient surpasses gender parity with more than 50 p...
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Apr 5, 2016 WILMINGTON, Del., April 05, 2016 (GLOBE NEWSWIRE) -- As part of Financial Literacy Month, Navient today participated in ...
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Apr 4, 2016 WILMINGTON, Del., April 04, 2016 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, announced today that its board of directors approved a 2016 second quarter dividend of $0.16 per share on the company's common stock.The second quarter 2016 dividend will...
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Apr 4, 2016 WILKES-BARRE, Pa., April 04, 2016 (GLOBE NEWSWIRE) -- They say if there's no pain, there's no gain. Though many participants with sore legs will likely be opting for elevators instead of the staircase on Monday, volunteers raised $12,000 from the Navient Ladders & Laces 5K race yesterday and Navient's Jeans BeCause program. All ...
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Apr 4, 2016 WILMINGTON, Del., April 04, 2016 (GLOBE NEWSWIRE) -- With college graduation next month, most Class of 2016 seniors are searching for a job. A new interactive video, the "Career Playbook," can help aspiring young professionals land a good job and build a successful career. The interactive video is available free online from Nav...
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Mar 31, 2016 WILMINGTON, Del., March 31, 2016 (GLOBE NEWSWIRE) -- Students of the Walnut Street YMCA Black Achievers Program have packed their bags for a different kind of road trip during spring break this week. The program, which provides college readiness and career awareness to African American teens, will embark on a multi-state bus tou...
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Mar 28, 2016 WILMINGTON, Del., March 28, 2016 (GLOBE NEWSWIRE) -- For the past 16 years, House of Heroes has been making life easier for our nation's military and public safety veterans, including police officers and firefighters. The nonprofit organization performs repairs and improvements to the homes of veterans and their spouses who are ...
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Mar 18, 2016 FISHERS, Ind., March 18, 2016 (GLOBE NEWSWIRE) -- Not all superheroes wear spandex. At Second Helpings, a local community kitchen located in Indianapolis, the uniforms of choice are caps and aprons. The staff and volunteers save overstocked and perishable food from the food service industry that would otherwise end up as waste. ...
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Mar 14, 2016 WILMINGTON, Del., March 14, 2016 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, today announced that it has increased and extended its FFELP Asset-Backed Commercial Paper (ABCP) facility with seven global financial institutions. The facility's revolving peri...
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Mar 10, 2016 WILMINGTON, Del., March 10, 2016 (GLOBE NEWSWIRE) -- Navient, the nation's leading loan management, servicing and asset recovery company, received the Health Champion Designation for the company's two Delaware locations yesterday from the American Diabetes Association. This designation recognizes companies and organizations that...
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Mar 9, 2016 WILMINGTON, Del., March 09, 2016 (GLOBE NEWSWIRE) -- Calculating expected monthly payments and likely interest to be paid are important factors in determining an effective budget for paying off student loans. Navient, the nation's leading loan management, servicing and asset recovery company, today launched an online student loa...
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Mar 8, 2016 WILMINGTON, Del., March 08, 2016 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, today announced the amendment of transaction agreements for a Navient-sponsored securitization trust totaling $150 million of bonds backed by federally guaranteed student loans....
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Mar 2, 2016 MASON, Ohio, March 02, 2016 (GLOBE NEWSWIRE) -- Navient Foundation, the company-sponsored philanthropic fund, has contributed $2,000 to the Alzheimer's Association of Greater Cincinnati to support research and education of the disease. The nonprofit seeks to eliminate Alzheimer's disease through the advancement of research, to p...
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Mar 2, 2016 WILMINGTON, Del., March 02, 2016 (GLOBE NEWSWIRE) -- Navient, the nation's leading loan management, servicing and asset recovery company, today launched a new interactive learning course on how loan interest works. Free to the public, the interactive tool defines key loan concepts such as principal, interest and fees. The modul...
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Feb 24, 2016 MOORESTOWN, N.J., Feb. 24, 2016 (GLOBE NEWSWIRE) -- Robots are used as toys, on assembly lines and as movie villains, but students at Mount Laurel Hartford School, part of the Mount Laurel School District, have created their own use for these artificially intelligent machines: To support education in science, technology, enginee...
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Feb 23, 2016 WILMINGTON, Del., Feb. 23, 2016 (GLOBE NEWSWIRE) -- The tax-filing season is underway and by now most tax statements have been delivered. Navient, the nation's leading loan management, servicing and asset recovery company, suggests young adults learn about several tax breaks that may benefit them. "Young adults go through many ...
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Feb 16, 2016 WILMINGTON, Del., Feb. 16, 2016 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, today announced the amendment of transaction agreements for two Navient-sponsored securitization trusts totaling $2 billion of bonds backed by federally guaranteed student loans. ...
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Feb 16, 2016 PERRY, N.Y., Feb. 16, 2016 (GLOBE NEWSWIRE) -- Navient, the nation's leading loan management, servicing and asset recovery company, announced Jennifer Covert is the recipient of the Solutions Navigator Award for job excellence. A photo accompanying this announcement is available at ...
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Feb 15, 2016 MUNCIE, Ind., Feb. 15, 2016 (GLOBE NEWSWIRE) -- Children across Delaware County are prepared in the classroom, thanks to Hearts & Hands United of Delaware County, a volunteer organization that helps serve the school supply needs of children in the area. Navient Foundation, the company-sponsored philanthropic fund, donated $2,500...
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Feb 3, 2016 WILMINGTON, Del., Feb. 03, 2016 (GLOBE NEWSWIRE) -- With spring semester beginning at University of Delaware, students are back to class preparing for the future day when they will receive their diplomas. To help make graduation a reality, Navient Foundation, the company-sponsored philanthropic fund, announced a $15,000 gran...
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Feb 1, 2016 WILMINGTON, Del., Feb. 01, 2016 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, today announced that CFO Somsak Chivavibul will speak at the 17th Annual Credit Suisse Financial Services Forum on Tuesday, Feb. 9. He will deliver remarks at 2:15 p.m. EST in Miami B...
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Jan 26, 2016 WILMINGTON, Del., Jan. 26, 2016 (GLOBE NEWSWIRE) --  Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, announced today that its board of directors approved a 2016 first quarter dividend of $0.16 per share on the company's common stock. The first quart...
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Jan 26, 2016 Completes over $900 Million of New Financings during the Fourth QuarterRepurchases $691 Million of Unsecured Debt during the Fourth Quarter Approves Additional $700 Million Share Repurchase Authorization in December 2015Total Delinquency Rates at Lowest Year-Ending Levels for...
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Jan 25, 2016 INDIANAPOLIS, Jan. 25, 2016 (GLOBE NEWSWIRE) -- For many people, stepping into a theatre is like a portal to a world filled with imagination, entertainment and pure artistic expression. To honor this tradition, Navient Foundation, the philanthropic fund of the nation's leading loan management, servicing and asset recovery company,...
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Jan 12, 2016 WILMINGTON, Del., Jan. 12, 2016 (GLOBE NEWSWIRE) -- Navient Foundation, the philanthropic fund of the nation's leading loan management, servicing and asset recovery company, donated $15,000 to the Ministry of Caring Inc. in Wilmington. The contribution will help provide food for residents at the Ministry's two shelters for wom...
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Jan 8, 2016 WILMINGTON, Del., Jan. 08, 2016 (GLOBE NEWSWIRE) -- January marks an important time for college-bound students and their families: the Free Application for Federal Student Aid, or FAFSA, is available for next academic year. Navient, the nation's largest student loan servicer, recommends families complete it sooner, not later. N...
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Jan 7, 2016 WILMINGTON, Del., Jan. 07, 2016 (GLOBE NEWSWIRE) -- Navient, the nation's leading loan management, servicing and asset recovery company, joins its more than 12 million customers to celebrate the new year and to reflect on their personal finance successes in the past 12 months. At the end of 2015, nine out of 10 student loan cus...
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Jan 6, 2016 WILMINGTON, Del., Jan. 06, 2016 (GLOBE NEWSWIRE) -- Navient, the nation's leading loan management, servicing and asset recovery company, will release its 2015 fourth-quarter and full-year earnings results after market close on Tuesday, Jan. 26. In addition, the company will host a conference call for shareholders at 8 a.m. EST ...
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Jan 6, 2016 WILKES-BARRE, Pa., Jan. 06, 2016 (GLOBE NEWSWIRE) -- Unusually crowded gyms are a hallmark at the start of every new year, as many people make their resolutions for a more fit-friendly, health-conscious year ahead. Now is the time to lace up sneakers and slip on sweat bands. In order to help support local residents' new 2016 fit...
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Dec 31, 2015 WILMINGTON, Del., Dec. 31, 2015 (GLOBE NEWSWIRE) -- It will be another new year soon, but before the countdown to midnight begins, student loan borrowers should review their repayment plans and available options. That's the advice of Navient, the largest student loan servicer, dedicated to helping customers navigate the path to financial suc...
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Dec 30, 2015 WILMINGTON, Del., Dec. 30, 2015 (GLOBE NEWSWIRE) -- Although Nick LaMastra usually spends his workdays in front of a computer, last week he read books to preschoolers at Rose Hill Head Start. It's one of several programs at the Rose Hill Community Center in New Castle, Del. which will benefit from a $10,000 grant from the Navient Foundation....
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Dec 16, 2015 WILMINGTON, Del., Dec. 16, 2015 (GLOBE NEWSWIRE) -- Navient Corporation ("Navient"), the nation's leading loan management, servicing and asset recovery company, today announced that the Early Tender Date (as defined below) in respect of its previously announced modified "Dutch Auction" tender offer (the "Offer") for a portion of...
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Dec 14, 2015 WILMINGTON, Del., Dec. 14, 2015 (GLOBE NEWSWIRE) -- Navient employees contributed more than $18,000 in  gifts to help provide a happy holiday for 67 area children in need. The Think of the Child First program is a partnership between Navient and the Division of Prevention and Behavioral Health with the state of Delaware. For the...
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Dec 10, 2015 WILMINGTON, Del., Dec. 10, 2015 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, announced today that its Board of Directors approved an additional $700 million for its program to repurchase shares of the company's outstanding common stock.  The share rep...
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Dec 9, 2015 WILMINGTON, Del., Dec. 09, 2015 (GLOBE NEWSWIRE) -- A new study on the financial health of young Americans — Money Under 35 — found that most young adults are rated in "good" financial health, saving money, managing their credit, and looking to buy homes and start families. The study, conducted by Navient and the global ...
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Dec 7, 2015 WILMINGTON, Del., Dec. 07, 2015 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, today announced the amendment of transaction agreements for six Navient-sponsored securitization trusts totaling $1.1 billion of bonds backed by federally guaranteed student loans. The amendme...
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Dec 2, 2015 WILMINGTON, Del., Dec. 02, 2015 (GLOBE NEWSWIRE) -- Navient Corporation (Nasdaq:NAVI) ("Navient"), the nation's leading loan management, servicing and asset recovery company, today announced the commencement of a modified "Dutch Auction" tender offer (the "Offer") for a portion of its outstanding 6.000% Medium Term Notes, Series A due Januar...
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Nov 30, 2015 WILMINGTON, Del., Nov. 30, 2015 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, today announced that President and CEO Jack Remondi and CFO Somsak Chivavibul will speak at the Goldman Sachs U.S. Financial Services Conference on Tuesday, Dec. 8. They will deliver remar...
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Nov 24, 2015 RESTON, Va., Nov. 24, 2015 (GLOBE NEWSWIRE) -- Navient employees donated nearly 6,000 cans and boxes of Thanksgiving fixings last week to help assemble meals for families in need in Northwestern Fairfax County. A photo accompanying this announcement is available at ...
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Nov 24, 2015 WILMINGTON, Del., Nov. 24, 2015 (GLOBE NEWSWIRE) -- One-third of federal student loan borrowers taking advantage of programs that tie monthly payments to their salaries aren't sure how long they will remain in the plans, while another one-third expect to stay in the plans until their loans are paid off, according to a survey of 12,500 Navien...
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Nov 23, 2015 WILMINGTON, Del., Nov. 23, 2015 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, today announced that CFO Somsak Chivavibul will speak at the Bank of America Merrill Lynch 2015 Leveraged Finance Conference on Thursday, Dec. 3. He will deliver remarks at 3:30 p.m. EST in Bo...
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Nov 20, 2015 WILMINGTON, Del., Nov. 20, 2015 (GLOBE NEWSWIRE) -- Students of elementary schools in the region will soon get brand-new books in their classrooms. Navient Foundation, the company-sponsored philanthropic fund, contributed nearly $50,000 to Reading Is Fundamental, the nation's largest literacy nonprofit organization. The nonprofit is dedicate...
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Nov 19, 2015 WILMINGTON, Del., Nov. 19, 2015 (GLOBE NEWSWIRE) -- Navient, the nation's leading loan management, servicing and asset recovery company, was recognized today by the Women's Forum of New York for its advancement of women in the boardroom. The company, which has a representation of 54 percent women on its board, is among an elite group honored...
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Nov 4, 2015 WILMINGTON, Del., Nov. 04, 2015 (GLOBE NEWSWIRE) -- Navient, the nation's leading loan management, servicing and asset recovery company, will mark Veterans Day with the launch of a new online course about military student loan repayment benefits.  A photo accompanying this announcement is available at ...
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Oct 29, 2015 WILMINGTON, Del., Oct. 29, 2015 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, announced today that its board of directors approved a 2015 fourth quarter dividend of $0.16 per share on the company's common stock. The fourth quarter 2015 dividend ...
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Oct 29, 2015 RESTON, Va., Oct. 29, 2015-Navient employees helped teach local 8th grade students yesterday from Franklin Middle School about the importance of financial literacy. Hosted at the Junior Achievement Finance Park of Greater Washington in Fairfax, students learned to make budgeting decisions based on random life scenarios. ...
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Oct 21, 2015 WILMINGTON, Del., Oct. 21, 2015-Navient (Nasdaq: NAVI), the nation's leading loan management, servicing and asset recovery company, announced that it is leveraging its asset recovery and business process outsourcing capabilities into the fast-growing health care payments sector with the acquisition of Xtend Healthcare. The acq...
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Oct 20, 2015 Private Education Loan Charge-Offs Decline $31 Million from Prior Quarter Repurchases $175 Million of Common Shares during the Quarter Completes Conversion of $4.9 Billion of FFELP Loans Acquires Xtend, a Health Care Paym...
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Oct 19, 2015 FISHERS, Ind., Oct. 19, 2015- Employees at Navient, a local employer in Indiana, have the option to wear jeans to work several months out of the year not only for comfort, but also to support local charities. Navient employees raised nearly $9,000 to support the Riley Children's Foundation, the philanthropic arm of the Riley H...
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Oct 8, 2015 WILMINGTON, Del., Oct. 08, 2015 (GLOBE NEWSWIRE) -- Children at a local homeless shelter will have the uniforms and supplies they need for school this year. The materials are purchased by the Sunday Breakfast Mission, which this month received a $5,000 grant from the Navient Foundation to support the initiative. "T...
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Oct 7, 2015 WILMINGTON, Del., Oct. 07, 2015 (GLOBE NEWSWIRE) -- Most recent college graduates with student loans are in the final weeks of their grace period, the six-month transition before their first payments are due.  Navient, the nation's largest student loan servicer, offers several tips to help these 2015 graduates get ready for student loan...
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Oct 6, 2015 WILMINGTON, Del., Oct. 06, 2015 (GLOBE NEWSWIRE) -- Navient, the nation's leading loan management, servicing and asset recovery company, will release its 2015 third quarter earnings results after market close on Tuesday, Oct. 20, 2015. In addition, the company will host a conference call for shareholders at 8 a.m. EDT on Wednesday, O...
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Sep 30, 2015 WILMINGTON, Del., Sept. 30, 2015 (GLOBE NEWSWIRE) -- Navient, the nation's leading loan management, asset recovery and servicing company, released a statement on today's federal student loan Cohort Default Rate. Borrowers in the cohort period whose loans were serviced by Navient were 38 percent less likely to default compared to other borrowers...
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Sep 30, 2015 FISHERS, Ind., Sept. 30, 2015 (GLOBE NEWSWIRE) -- Employees of local employer Navient raised $9,000 to support Make-A-Wish®, a nonprofit organization dedicated to granting the wishes of children with life-threatening medical conditions to enrich the human experience with hope, strength and joy. "We are thrilled to have the support of Navie...
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Sep 22, 2015 WILKES-BARRE, Pa., Sept. 22, 2015 (GLOBE NEWSWIRE) -- Navient, the nation's leading loan management, servicing and asset recovery company, hosted its 10th annual Navient Golf Tournament on Friday, Sept. 11. The all-day event helped raise $19,000 to support early childhood development programs at the Luzerne County Head Start. Navient Foundation, th...
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Sep 16, 2015 WILMINGTON, Del., Sept. 16, 2015 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, announced the launch of a new online investor forum designed to facilitate communication with bondholders of securities backed by federally guaranteed student loans. The forum is provided by Navient...
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Sep 16, 2015 WILMINGTON, Del., Sept. 16, 2015 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, today announced the amendment of transaction agreements for 16 Navient-sponsored securitization trusts backed by federally guaranteed student loans. The amendments give Navient the option to purchas...
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Sep 15, 2015 WILMINGTON, Del., Sept. 15, 2015 (GLOBE NEWSWIRE) -- Navient (NASDAQ:NAVI), the nation's leading loan management, servicing and asset recovery company, today announced that President and CEO Jack Remondi will present at the Deutsche Bank's 23rd Annual Leveraged Finance Conference in Scottsdale, Ariz., on Tuesday, Sept. 29. The presentation is sched...
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Sep 15, 2015 MUNCIE, Ind., Sept. 15, 2015 (GLOBE NEWSWIRE) -- A recent contract award to Navient, the nation's leading loan management, servicing and asset recovery company, will help the state of Indiana collect outstanding tax liabilities. Navient, a local employer, has been awarded a performance-based contract from the Indiana Department of Revenue. Unde...
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Sep 10, 2015 WILMINGTON, Del., Sept. 10, 2015 (GLOBE NEWSWIRE) -- Navient, the nation's leading loan management, servicing and asset recovery company, will join more than 40 local employers to participate in the Philly Veterans Career Fair aboard the Battleship New Jersey located at 100 Clinton St. on Wednesday, Sept. 16, from 10 a.m. to 2 p.m. The career fair ...
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Sep 9, 2015 WILMINGTON, Del., Sept. 9, 2015 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, today announced that it is exercising call options on four trusts, SLM Student Loan Trusts 2004-6, 2004-9, 2005-1, 2005-2, backed by federally guaranteed student loans. As a result, all outstanding b...
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Sep 8, 2015 WILMINGTON, Del., Sept. 8, 2015 (GLOBE NEWSWIRE) -- Navient (NASDAQ: NAVI), the nation's leading loan management, servicing and asset recovery company, today announced that President and CEO Jack Remondi will speak at the 2015 Barclays Global Financial Services Conference on Thursday, Sept. 17. Remondi will deliver remarks at 4:15 p.m. EDT in New Y...
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Sep 2, 2015 PERRY, N.Y. and ARCADE, N.Y., Sept. 2, 2015 (GLOBE NEWSWIRE) -- Navient, the nation's leading loan management, servicing and asset recovery company, has announced that Navient Foundation, the company-sponsored philanthropic fund, awarded a $5,600 grant to Community Action for Wyoming County. The organization is dedicated to meeting the needs of the...
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Aug 27, 2015 WILMINGTON, Del., Aug. 27, 2015 (GLOBE NEWSWIRE) -- Several teams will play softball for 24 consecutive hours this Labor Day weekend to help raise money for local charities. The Navient Foundation awarded a $2,500 grant to M.O.T. Community Fund, Inc., a local nonprofit serving the Middletown, Odessa and Townsend area. Navient Foundation is the ...
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Aug 17, 2015 WILMINGTON, Del., Aug. 17, 2015 (GLOBE NEWSWIRE) -- Navient is joining other local employers and community groups to support a weeklong getaway for wounded veterans and their families. The third annual warrior beach week, "Operation SEAs the Day," will be held Sept. 8-13 in Bethany Beach, Del. The mission of the nonprofit is to "serve those tha...
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Aug 13, 2015 WILMINGTON, Del., Aug. 13, 2015 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, announced the issuance of $700 million in private education loan asset-backed securities. The collateral backing the Navient Private Education Loan Trust 2015-B transaction consists of seasoned, high...
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Aug 11, 2015 WILMINGTON, Del., Aug. 11, 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 YMCA of Delaware, a nonprofit organization dedicated to enriching the emotional, physical and soci...
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Aug 10, 2015 WILMINGTON, Del., Aug. 10, 2015 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, today announced that it is exercising call options on three trusts, SLM Student Loan Trusts 2002-6, 2003-8, 2003-9, backed by federally guaranteed student loans. As a result, all outstanding bonds is...
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Aug 6, 2015 WILKES-BARRE, Pa., Aug. 6, 2015 (GLOBE NEWSWIRE) -- Navient, the nation's leading loan management, servicing and asset recovery company, will host an on-site job fair on Tuesday, Aug. 11 from 3 p.m. to 6 p.m. at its Wilkes-Barre facility, located at Hanover Industrial Park, 220 Lasley Avenue. The company plans to hire full-time employees to fil...
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Aug 3, 2015 MIDDLETOWN, Del., Aug. 3, 2015 (GLOBE NEWSWIRE) -- Navient, the nation's leading loan management, servicing and asset recovery company, joined other local employers today to participate in the first of two scheduled job fairs in Delaware targeted at military veterans. A photo accompanying this release is available at http://www.globenewswire.co...
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Jul 30, 2015 WILMINGTON, Del., July 30, 2015 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, announced today that its board of directors approved a 2015 third quarter dividend of $0.16 per share on the company's common stock. The third quarter 2015 dividend will be paid on Sept. 18, 2015...
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Jul 24, 2015 MUNCIE, Ind., July 24, 2015-Navient, the nation's leading loan management, servicing and asset recovery company, is expected to create new immediate jobs in Muncie.    The company announced today it plans to hire about 50 temporary call center representatives at its Muncie location by the end of next month. Two hiring...
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Jul 21, 2015 Acquires $1 Billion in Student Loans during the Quarter Repurchases $300 Million of Common Shares during the Quarter WILMINGTON, Del., July 21, 2015 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI) today released second-quarter 2015 financial results that include $1 billion of student loan purchases and $300 million of common share repurchases. "E...
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Jul 16, 2015 Navient, the nation's leading loan management, servicing and asset recovery company, provided insights from more than 40 years of helping student loan borrowers succeed in its response to the Consumer Financial Protection Bureau Request for Information on student loan servicing. Navient made recommendations to enhance the student loan program ...
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Jul 13, 2015 WILMINGTON, Del., July 13, 2015 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI) today announced that it expects second-quarter 2015 core earnings of approximately $0.40 diluted earnings per share, or GAAP earnings of approximately $0.47 diluted earnings per share. In addition, the company revised its guidance for full-year 2015 core earnings to approxima...
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Jul 10, 2015 HORSEHEADS, N.Y., July 10, 2015-Navient, the nation's leading loan management, servicing and asset recovery company, scored an ace for breast cancer education at its fourth annual charity golf tournament when its employees raised $7,800 for the American Cancer Society. American Cancer Society visited the General Revenue Corporation and Pi...
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Jul 6, 2015 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 sp...
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Jun 25, 2015 WILKES-BARRE, Pa., June 25, 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 $22,000 grant to Luzerne County Head Start, a United Way agency dedicated to enhancing the quality of life for lo...
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Jun 19, 2015 NEW YORK, June 19, 2015 (GLOBE NEWSWIRE) -- Navient proudly received the award for Best Board Diversity Initiative at last night's New York Stock Exchange 2015 Governance, Risk and Compliance Leadership Awards. A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=33892 The Leadership Awards reco...
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Jun 12, 2015 WILMINGTON, Del., June 12, 2015 (GLOBE NEWSWIRE) -- Dust off that foam finger, refresh your resume and join Navient and other local employers for the second annual "9 Innings of Networking" at Frawley Stadium in Wilmington on Wednesday, June 17, at 5:30 p.m. Navient, the nation's leading loan management, servicing and asset recovery company, is...
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Jun 3, 2015 WILMINGTON, Del., June 3, 2015 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, announced the appointment of John Kane as group president for asset recovery and business services, and John (Jeff) F. Whorley Jr. as group president for asset management and servicing. "Working i...
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Jun 3, 2015 WILMINGTON, Del., June 3, 2015 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, today announced that Chief Financial Officer Somsak Chivavibul will present at the Barclays High Yield Bond and Syndicated Loan Conference at 2:45 MDT (4:45 p.m. EDT) on Thursday, June 11, 2015, in Co...
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May 21, 2015 WILMINGTON, Del., May 21, 2015-Jack Remondi, president and CEO of Navient, the nation's leading loan management, servicing and asset recovery company, addressed shareholders at the corporation's 2015 annual meeting. Excerpts of his remarks, made today, are as follows: On Navient's commitment to customer su...
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May 21, 2015 WILMINGTON, Del., May 21, 2015 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, announced today that its board of directors approved a 2015 second quarter dividend of $0.16 per share on the company's common stock. The second quarter 2015 dividend will be paid on June 19, 2015...
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May 21, 2015 WILMINGTON, Del., May 21, 2015-Navient, the nation's leading loan management, servicing and asset recovery company, today issued a statement in honor of Memorial Day on Monday: Memorial Day is recognized as a day to honor our servicemen and women who gave their lives for our freedom....
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May 13, 2015 WILMINGTON, Del., May 13, 2015 (GLOBE NEWSWIRE) -- While most recent college graduates with federal student loans choose the 10-year standard repayment plan, an increasing number of borrowers are turning to income-driven repayment options that allow their monthly payments to be set based on their income. Navient today introduced a new interacti...
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May 13, 2015 WILMINGTON, Del., May 13, 2015-Navient, the nation's leading loan management, servicing and asset recovery company, is the recipient of the ClearMark Award of Distinction from the Center for Plain Language. The award, presented yesterday at the National Press Club in Washington, D.C., recognizes written communications for consu...
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May 12, 2015 WILMINGTON, Del., May 12, 2015-Navient issued the following statement on the Federal Adjustment in Reporting (FAIR) Student Credit Act introduced today by U.S. Senators Gary Peters (MI) and Shelley Moore Capito (WV). "The FAIR Student Credit Act is an important reform that gives student loan borrowers a second chan...
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Apr 29, 2015 WILMINGTON, Del., April 29, 2015 (GLOBE NEWSWIRE) -- As college seniors prepare to walk across the stage to accept their diplomas next month, many of them also will be stepping into financial independence for the first time. While some Class of 2015 grads are ready for the financial challenges ahead, others may benefit from a few more courses - in ...
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Apr 26, 2015 MUNCIE, Ind., April 26, 2015 -Navient today joined other local employers and community leaders to support the March of Dimes Indiana Chapter "March for Babies" campaign. Employees participated in the 3-mile walk from Worthen Arena and southward through Ball State University campus to raise money to help more moms have full-ter...
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Apr 21, 2015 Acquires $830 Million in Student Loans during the Quarter Repurchases $300 Million of Common Shares during the Quarter Completes Acquisition of Gila WILMINGTON, Del., April 21, 2015 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI) today released first-quarter 2015 financial results that include $830 million of student loan purchases, $300 million of ...
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Apr 15, 2015 WILMINGTON, Del., April 15, 2015 (GLOBE NEWSWIRE) -- In recognition of Financial Literacy Month, Navient, the nation's leading loan management, servicing and asset recovery company, is warning Americans to beware of supposed "student debt relief" companies. These so-called debt relief companies typically try to take advantage of student loan bo...
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Apr 15, 2015 WILMINGTON, Del., April 15, 2015 (GLOBE NEWSWIRE) -- Navient, the nation's leading loan management, servicing and asset recovery company, was honored yesterday with the Innovation in Financial Education Award presented by Nasdaq and EverFi. The award recognizes significant efforts to improve the financial capability of young Americans. Twenty-five ...
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Apr 7, 2015 WILMINGTON, Del., April 7, 2015 (GLOBE NEWSWIRE) -- Navient, the nation's leading loan management, servicing and asset recovery company, will release its 2015 first quarter results after market close on Tuesday, April 21, 2015. In addition, the company will host a conference call for shareholders at 8 a.m. EDT on Wednesday, April 22, 2015. To p...
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Apr 1, 2015 WILMINGTON, Del., April 1, 2015 (GLOBE NEWSWIRE) -- Student loan borrowers who don't postpone their payments and who track their progress, graduate, stick with repayment, and communicate with their servicer increase their chances of successful repayment, Navient found in a recent data analysis. Most importantly, these five characteristics translate...
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Mar 17, 2015 WILMINGTON, Del., March 17, 2015 (GLOBE NEWSWIRE) -- Filing taxes can be a chore, but with a fast-approaching April 15 deadline, there are lots resources available to help. Navient, the nation's leading loan management, servicing and asset recovery company, offers these tips:Visit the IRS website. The IRS has launched a new, online public directory...
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Mar 13, 2015 WILMINGTON, Del., March 13, 2015 (GLOBE NEWSWIRE) -- Navient, the nation's leading loan management, servicing and asset recovery company, has received the "W" Company award from 2020 Women on Boards. The national award is presented to companies that have demonstrated a commitment to board diversity with at least 20 percent women on their board of d...
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Feb 26, 2015 WILMINGTON, Del., Feb. 26, 2015 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, scheduled its 2015 Annual Meeting of Shareholders on May 21, 2015. The meeting will take place at 11 a.m. EDT at the Westin in Wilmington, located at 818 Shipyard Drive, Wilmington, Del. The reco...
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Feb 25, 2015 WILMINGTON, Del., Feb. 25, 2015 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, announced today that it has acquired Gila LLC. The Austin, Texas-based asset recovery and business process outsourcing firm focuses on the state and local government market, serving more than 600 cli...
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Feb 17, 2015 WILMINGTON, Del., Feb. 17, 2015 (GLOBE NEWSWIRE) -- Navient, the nation's leading loan management, servicing and asset recovery company, today celebrated the opening of its new headquarters at 123 Justison Street in Wilmington, Del. A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=30816 Empl...
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Feb 16, 2015 WILMINGTON, Del., Feb. 16, 2015-The 100,000 Jobs Mission announced today that its coalition of companies has collectively hired more than 217,000 U.S. military veterans through the end of 2014 and is now committed to hire another 100,000 veterans for a total of 300,000. Navient (Nasdaq: NAVI), the nation's leading loan management,...
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Feb 12, 2015 WILMINGTON, Del., Feb. 12, 2015 (GLOBE NEWSWIRE) -- Navient Corporation ("Navient"), the nation's leading loan management, servicing and asset recovery company, today announced that the Early Tender Date (as defined below) in respect of its previously announced modified "Dutch Auction" tender offer (the "Offer") for a portion of its outstanding 6.2...
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Jan 30, 2015 WILMINGTON, Del., Jan. 30, 2015 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, today announced that CEO Jack Remondi will speak at the 16th Annual Credit Suisse Financial Services Forum on Wednesday, Feb. 11. He will deliver remarks at 10:15 a.m. EST in Aventura, Fla. A live au...
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Jan 29, 2015 WILMINGTON, Del., Jan. 29, 2015 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, today announced the commencement of a modified "Dutch Auction" tender offer (the "Offer") for a portion of its outstanding 6.25% Medium Term Notes, Series A due January 25, 2016 (the "Notes"). A summ...
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Jan 26, 2015 WILMINGTON, Del., Jan. 26, 2015 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, announced today that its Board of Directors approved a 7 percent increase in its 2015 first quarter dividend to $0.16 per share on the company's common stock. In 2014, Navient returned $849 milli...
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Jan 21, 2015 Navient Acquires $13 Billion in Student Loans During the Year 2014 Charge-Off Rates on Private Education Loan Portfolio Improve to Lowest Levels Since 2008 $1 Billion Authorized for Common Share Repurchases, Effective Jan. 1, 2015 NEWARK, Del., Jan. 21, 2015 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI) today released fourth-quarter 2014 and full-...
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Jan 9, 2015 WILMINGTON, Del., Jan. 9, 2015 (GLOBE NEWSWIRE) -- The Free Application for Federal Student Aid, commonly referred to as FAFSA, is now available for the New Year. Though the application process can seem like a daunting task, especially for families who are sending a child off to college for the first time, it is a vital step in order to help secure...
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Jan 6, 2015 NEWARK, Del., Jan. 6, 2015 (GLOBE NEWSWIRE) -- Navient, the nation's leading loan management, servicing and asset recovery company, will release its 2014 fourth quarter and full year earnings results after market close on Wednesday, Jan. 21, 2015. In addition, the company will host a conference call for shareholders at 8 a.m. EST on Thursday, J...
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Dec 22, 2014 Wilkes-Barre, Pa., Dec. 22, 2014 - Navient (Nasdaq: NAVI), the nation's leading loan management, servicing and asset recovery company, hosted its annual "Day of Giving" charitable event on Dec. 17, which honors 11 local organizations in Northeastern Pennsylvania for their dedication and service to the area. One recipient, Falle...
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Dec 15, 2014 NEWARK, Del., Dec. 15, 2014 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, announced today that its Board of Directors approved a new share repurchase program for up to $1.0 billion of the company's outstanding common stock. Effective Jan. 1, 2015, the share repurchase authoriz...
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Dec 11, 2014 NEWARK, Del., Dec. 11, 2014 (GLOBE NEWSWIRE) -- Navient, the nation's leading loan management, servicing and asset recovery company, announced the appointment of Anna Escobedo Cabral to its Board of Directors. "We welcome Anna Cabral to our board, and will benefit from her extensive public affairs, corporate social responsibility and financial ...
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Dec 2, 2014 NEWARK, Del., Dec. 2, 2014 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, today announced that CEO Jack Remondi and CFO Somsak Chivavibul will speak at the Goldman Sachs U.S. Financial Services Conference on Tuesday, Dec. 9. They will deliver remarks at 10 a.m. EST in New York ...
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Nov 26, 2014 NEWARK, Del., Nov. 26, 2014 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, today announced that CFO Somsak Chivavibul will speak at the Bank of America Merrill Lynch 2014 Leveraged Finance Conference on Wednesday, Dec. 3. Chivavibul will deliver remarks at 11:30 a.m. EST in Boc...
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Nov 25, 2014 RESTON, Va., Nov. 25, 2014 -Navient employees gave approximately 5,250 boxes and cans of vegetables, potatoes, rice, and other Thanksgiving fixings last week to help assemble meals for families in need in Northwestern Fairfax County. "For many in our community with stressed budgets and financial challenges, a Thanksgiving dinn...
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Nov 18, 2014 NEWARK, Del., Nov. 18, 2014 (GLOBE NEWSWIRE) -- Navient, the nation's leading loan management, servicing and asset recovery company, announced the appointment of three new independent board members: John K. Adams, Katherine A. Lehman, and Laura S. Unger. "John Adams, Kate Lehman and Laura Unger add strong corporate development skills and extens...
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Nov 17, 2014 NEWARK, Del., Nov. 17, 2014 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI) today announced the closing of a new $10 billion student loan asset-backed commercial paper financing facility. The conduit matures in November 2017, and was supported by Wells Fargo Bank, National Association; JPMorgan Chase Bank, N.A.; and Royal Bank of Canada; and arranged by ...
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Nov 13, 2014 NEWARK, Del., Nov. 13, 2014 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, and Wells Fargo & Company (NYSE:WFC) today announced that they have reached agreement for Navient to purchase a portfolio of federally guaranteed student loans from Wells Fargo totaling $8.5 billion in p...
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Nov 11, 2014 NEW YORK, Nov. 11, 2014-Navient, the nation's leading loan management, servicing and asset recovery company, today joined other employers of the 100,000 Jobs Mission to honor military veterans. Employees participated in the 1.3-mile march up Fifth Avenue during "America's Parade," the annual Veterans Day Parade in New York City. &nbs...
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Nov 5, 2014 NEWARK, Del., Nov. 5, 2014 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, today announced that President and CEO Jack Remondi will speak at the 2014 Bank of America Merrill Lynch Banking & Financial Services Conference on Wednesday, Nov. 12. Remondi will deliver remarks at 3:10...
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Nov 3, 2014 NEWARK, Del., Nov. 3, 2014 (GLOBE NEWSWIRE) -- Navient, the nation's leading loan management, servicing and asset recovery company, today introduced the Veterans Resource Group, an employee-led talent development program to support military veterans and their careers. Retired Marine Corps Staff Sgt. Mike Anderson was appointed to lead the group. ...
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Oct 31, 2014 WILKES-BARRE, Pa., Oct. 31, 2014 (GLOBE NEWSWIRE) -- Navient received the 2014 Greater Wilkes-Barre Chamber of Commerce's Healthy Workplace Continuing Excellence Award today at a breakfast event co-hosted with Penn State Wilkes-Barre. A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=28779 Th...
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Oct 21, 2014 Newark, Del., Oct. 21, 2014 - Last week, nearly 6,200 employees nationwide celebrated the transition to a new name. Randalin Eiland of Indianapolis welcomed customers from across the country, "Thank you for calling Navient." Eiland works at Navient, which earlier this year separated from Sallie Mae. This week, the company compl...
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Oct 15, 2014 Navient Acquires $1.4 Billion in Student Loans during the QuarterCharge-Off Rates on Private Education Loan Portfolio Improve to Lowest Levels Since 2008Navient-Serviced Federal Cohort Default Rate 40 Percent Better than National Average NEWARK, Del., Oct. 15, 2014 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI) today released third-quarter 2014 fina...
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Oct 13, 2014 NEWARK, Del., Oct. 13, 2014 (GLOBE NEWSWIRE) -- More than 12 million student loan customers nationwide will soon see the new name in loan servicing on their accounts. Navient, the nation's leading loan management, servicing and asset recovery company, today completed the transition of its servicing operations. The transition follows the separati...
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Oct 9, 2014 NEWARK, Del., Oct. 9, 2014 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by Navient (Nasdaq:NAVI), please note that in the second paragraph of the release, the dividend payment date should be Dec. 19, not Dec. 26 as previously stated. The corrected release follows: Navient (Nasdaq:NAVI), the nation's leading ...
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Oct 6, 2014 NEWARK, Del., Oct. 6, 2014 (GLOBE NEWSWIRE) -- Navient, the nation's leading loan management, servicing and asset recovery company, will release its 2014 third quarter earnings results after market close on Wednesday, Oct. 15, 2014. In addition, the company will host a conference call for shareholders at 8 a.m. EDT on Thursday, Oct. 16, 2014. T...
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Oct 6, 2014 MASON, Ohio, Oct. 6, 2014 (GLOBE NEWSWIRE) -- General Revenue Corporation is opening its doors to all interested applicants on Saturday, Oct. 11 at its Mason, Ohio facility, located at 4660 Duke Drive, Suite 300. A subsidiary of Navient, the nation's leading loan management, servicing and asset recovery company, GRC plans to hire more than 30 full-...
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Sep 26, 2014 NEWARK, Del., Sept. 26, 2014 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, today announced that Chief Financial Officer Somsak Chivavibul will participate in the Deutsche Bank 2014 Leveraged Finance Conference in Scottsdale, Arizona on Tuesday, Sept. 30. Any written materials ...
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Sep 24, 2014 NEWARK, Del., Sept. 24, 2014 (GLOBE NEWSWIRE) -- The 2011 cohort default rate (CDR) for federal student loan borrowers whose loans are serviced by Navient defaulted at a 40 percent lower rate than the national average. According to company data, Navient's 2011 CDR is 8.28 percent, compared to the national rate of 13.7 percent released earlier today...
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Sep 17, 2014 WILKES-BARRE, Pa., Sept. 17, 2014 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, will host an on-site job fair on Saturday, Sept. 20 from 9 a.m. to noon at its Wilkes-Barre facility, located at Hanover Industrial Park, 220 Lasley Avenue. The company plans to hire more than ...
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Sep 16, 2014 PERRY, N.Y. and ARCADE, N.Y., Sept. 16, 2014 (GLOBE NEWSWIRE) -- Pioneer Credit Recovery, a Navient company, will host walk-in interviews and an open house this month. The company plans to fill open positions on its collection services team at its Arcade and Perry offices. Walk-in interviews will be held Monday, Sept. 22 from 10 a.m. - 7 p.m. a...
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Sep 12, 2014 NEWARK, Del., Sept. 12, 2014 (GLOBE NEWSWIRE) -- The U.S. Department of Education released new federal loan servicer results that show that once again, Navient helped more customers successfully repay their student loans and avoid the long-term consequences of default than other servicers of Department of Education-owned loans. For both the quarter...
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Sep 2, 2014 NEWARK, Del., Sept. 2, 2014 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, today announced that President and CEO Jack Remondi will speak at the 2014 Barclays Global Financial Services Conference on Monday, Sept. 8. Remondi will deliver remarks at 3:30 p.m. EDT in New York City...
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Aug 27, 2014 NEWARK, Del., Aug. 27, 2014 (GLOBE NEWSWIRE) -- Navient will join other local employers in Delaware to raise funds in support of children in the care of Nemours/Alfred I. duPont Hospital for Children. The fourth annual "Help Our Kids" radiothon, presented by the hospital and sponsored by Delmarva Broadcasting Company, will be held Wednesday, Sept. ...
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Aug 25, 2014 NEWARK, Del., Aug. 25, 2014 (GLOBE NEWSWIRE) -- Navient joined other local employers today to participate in a veterans job fair at the Middletown Memorial Fire Hall, helping to support local veterans to secure employment. A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=27281 "We're always ...
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Aug 22, 2014 WILKES-BARRE, Pa., Aug. 22, 2014 (GLOBE NEWSWIRE) -- Navient, the nation's leading loan management, servicing and asset recovery company, will host the ninth annual Navient Golf Outing on Monday, Sept. 15 at the Wyoming Valley Country Club in Hanover Township, Pa. The event helps raise funds to support early childhood development programs of the Lu...
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Aug 18, 2014 FISHERS, Ind., Aug. 18, 2014 (GLOBE NEWSWIRE) -- Job-seekers in Fishers need to look no further, as Navient, the nation's leading loan management, servicing and asset recovery company, is now hiring, announcing its plan to fill nearly 200 positions by the end of the year. A photo accompanying this release is available at http://www.globenewswir...
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Aug 15, 2014 FISHERS, Ind., Aug. 15, 2014 (GLOBE NEWSWIRE) -- Noblesville Preservation Alliance and local employer Navient announced today that the company plans to donate two acres of land on the west side of its Fishers campus for the relocation of the historic Kincaid House. A photo accompanying this release is available at http://www.globenewswire.com/n...
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Aug 14, 2014 NEWARK, Del., Aug. 14, 2014 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, announced today that its Board of Directors approved a 2014 third quarter dividend of $0.15 per share on the company's common stock. The dividend will be paid on Sept. 26, 2014, to shareholders of re...
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Aug 6, 2014 INDIANAPOLIS, Ind., Aug. 6, 2014, EDT (GLOBE NEWSWIRE) -- Navient, the nation's leading loan management, servicing and asset recovery company, will partner with Greater Indy Habitat for Humanity on Friday, Aug. 8, to help a family in need of quality, affordable housing. Together with Fox59 WXIN and Marion University, Navient and Greater Indy Habita...
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Jul 16, 2014 Navient Successfully Completes Spin-Off from SLM Corporation on April 30, 2014Delinquency and Charge-Off Rates on Private Education Loan Portfolio Down to Lowest Levels Since 2008Company Receives Extension on U.S. Department of Education Servicing Contract NEWARK, Del., July 16, 2014 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI) today released seco...
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Jul 10, 2014 WILKES-BARRE, Pa., July 10, 2014 (GLOBE NEWSWIRE) -- Navient, the nation's leading loan management, servicing and asset recovery company, has announced that it will host Comedy Club Night on Friday, July 18. The event will raise money to support the United Way of Wyoming Valley's "Christmas in July" food drive. Comedian Mike Eagan will headline the...
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Jul 2, 2014 NEWARK, Del., July 2, 2014 (GLOBE NEWSWIRE) -- Navient, the nation's leading loan management, servicing and asset recovery company, will release its 2014 second quarter earnings results after market close on Wednesday, July 16, 2014. In addition, the company will host a conference call for shareholders at 8 a.m. EDT on Thursday, July 17, 2014. ...
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Jul 2, 2014 WILKES-BARRE, Pa., July 2, 2014 (GLOBE NEWSWIRE) -- Navient, the nation's leading loan management, servicing and asset recovery company, today unveiled new exterior signs in front of its 133,000-square foot facility in the Hano...
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Jun 25, 2014 NEWARK, Del., June 25, 2014 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI) today announced the closing of a new $1 billion private education loan asset-backed commercial paper facility that is supported by four banks and arranged by J.P. Morgan. The facility, which matures on June 24, 2015, will be available for private education loan refinancing and ac...
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Jun 18, 2014 NEWARK, Del., June 18, 2014 - Navient, the nation's leading loan management, servicing and asset recovery company, issued a statement following the extension of the U.S. Department of Education Direct Loan servicing contract: As the leader in default prevention and helping customers enroll in income-based repayment plans, we r...
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Jun 13, 2014 MUNCIE, Ind., June 13, 2014 (GLOBE NEWSWIRE) -- Navient, the nation's leading loan management, servicing and asset recovery company, today unveiled new exterior signs on its 75,000-square foot facility in the Airpark Industrial Park in Muncie. Photos accompanying this release are available athttp://www.globenewswire.com/newsroom/prs/?pkgid=2592...
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Jun 9, 2014 FISHERS, Ind., June 9, 2014 (GLOBE NEWSWIRE) -- Commuters along Interstate 69 in Fishers will pass a new name in shades of purple and blue this week. Navient, the nation's leading loan management, servicing and asset recovery company, today unveiled new exterior signs on its 478,163-square foot facility, located south of 116th Street. A photo a...
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Jun 4, 2014 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. A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=25740 Navient, the nation's leading loan ma...
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Jun 4, 2014 WILKES-BARRE, Pa., June 4, 2014 (GLOBE NEWSWIRE) -- Navient is a winner of the 2014 Governor's ImPAct Awards, presented by Governor Tom Corbett to Pennsylvania businesses for creating jobs, developing ideas, reaching new markets and making positive contributions in local communities. A photo accompanying this release is available at http://www....
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May 23, 2014 NEWARK, Del., May 23, 2014 - Navient, the nation's leading loan management, servicing and asset recovery company, today issued a statement from President and CEO John (Jack) F. Remondi: This weekend as we gather with friends and family for Memorial Day, we remember what this long weekend is really about: celebrating the brave ...
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May 22, 2014 NEWARK, Del., May 22, 2014 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, announced today that its Board of Directors authorized a $400 million share repurchase program for the company's outstanding common stock. The program does not have an expiration date. The board also ...
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May 22, 2014 NEWARK, Del., May 22, 2014 (GLOBE NEWSWIRE) -- Today, the U.S. Department of Education released its Direct Loan servicing results for the quarter ending March 31, 2014. Again this quarter, Navient, formerly Sallie Mae, helped more Americans stay on track with their student loan payments than other federal Direct Loan servicers. For the two key metr...
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May 19, 2014 NEWARK, Del., May 19, 2014 (GLOBE NEWSWIRE) -- Navient, the nation's leading loan management, servicing and asset recovery company, announced that Linda A. Mills will serve on its board of directors. Mills is currently corporate vice president of operations for Northrop Grumman, a leading global security provider of advanced solutions for defen...
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May 13, 2014 NEWARK, Del., May 13, 2014 (GLOBE NEWSWIRE) -- Navient announced today it has entered into an agreement with the U.S. Department of Justice (DOJ) and Federal Deposit Insurance Corporation (FDIC) to resolve previously reported regulatory matters relating to compliance with certain requirements including the Servicemembers Civil Relief Act (SCRA). ...
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May 5, 2014 NEWARK, Del., May 5, 2014 (GLOBE NEWSWIRE) -- Navient, the nation's leading loan management, servicing and asset recovery company, announced that William M. Diefenderfer III will serve as founding chairman of its Board of Directors. "Our newly created Board of Directors is honored to be part of Navient's mission to help our customers navigate t...
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May 1, 2014 NEWARK, Del., May 1, 2014 (GLOBE NEWSWIRE) -- Navient, the nation's leading loan management, servicing and asset recovery company, today marks its launch as an independent company dedicated to helping customers navigate the path to financial success. Navient will begin "regular way" trading today on the NASDAQ stock market under the ticker symbol N...
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Apr 10, 2014 NEWARK, Del. (April 10, 2014)—Sallie Mae (NASDAQ: SLM), formally SLM Corporation, announced today that its board of directors has unanimously approved the strategic separation of its loan management, servicing and asset recovery business, known as Navient, from its consumer banking business. Sallie Mae Bank’s co...
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Apr 2, 2014 NEWARK, Del. (April 2, 2014)— Navient, the new loan management, servicing and asset recovery company to launch later this year, has chosen Wilmington for the location of its corporate headquarters. Sallie Mae, the consumer banking business, will remain at its existing headquarters facility off Churchman’s Road...
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