News Releases

Date Title and Summary View
Toggle Summary Navient, Maximus Announce Proposal to Transfer Federal Student Loan Servicing Contract, Pending Government Approval
WILMINGTON, Del. and RESTON, Va., Sept. 28, 2021 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI) and Maximus (NYSE: MMS) announced today that the companies have signed a definitive agreement to transfer the loan servicing for U.S. Department of Education-owned student loan accounts from Navient to
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Toggle Summary Navient to announce third quarter 2021 results on Oct. 26, host earnings call on Oct. 27
WILMINGTON, Del., Oct. 06, 2021 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leading provider of education loan management and business processing solutions, today announced it will release its 2021 third-quarter financial results on Navient.com/investors after market close on Tuesday, Oct.
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Toggle Summary Navient named Champion of Board Diversity by The Forum of Executive Women
Navient celebrated as one of 27 companies in Greater Philadelphia paving the way for gender equity WILMINGTON, Del., Oct. 11, 2021 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in education loan management and business processing solutions, has been recognized as a Champion of Board
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Toggle Summary Navient receives approval to transfer Department of Education servicing contract to Maximus
WILMINGTON, Del., Oct. 20, 2021 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI) announced today that its proposal to transfer the loan servicing of 5.6 million Department of Education-owned student loan accounts to Maximus has received all necessary approvals.
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Toggle Summary Navient posts third quarter 2021 financial results
WILMINGTON, Del., Oct. 26, 2021 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leading provider of education loan management and business processing solutions, today posted its 2021 third quarter financial results. The complete financial results release is available on the company’s website at
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Toggle Summary Navient honored by the Women’s Forum of New York for active leadership to attain gender parity on its corporate board
WILMINGTON, Del., Nov. 10, 2021 (GLOBE NEWSWIRE) -- Navient is proud to announce that it has been honored by the Women’s Forum of New York at its sixth biennial Breakfast of Corporate Champions, for achieving at least 35% female representation on their board of directors.
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Toggle Summary Navient recognized for supporting military members and their spouses
WILMINGTON, Del., Nov. 11, 2021 (GLOBE NEWSWIRE) -- Navient has earned four 2022 Military Friendly designations from VIQTORY, publisher of G.I. Jobs and Military Spouse Magazine. The four designations are: Military Friendly Employer, Military Spouse Friendly Employer, Military Friendly Supplier
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Toggle Summary Navient declares fourth quarter common stock dividend
WILMINGTON, Del., Nov. 22, 2021 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in education loan management and business processing solutions, announced that its board of directors approved a 2021 fourth quarter dividend of $0.16 per share on the company's common stock.
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Toggle Summary Navient announces new $1 billion share repurchase authority
WILMINGTON, Del., Dec. 13, 2021 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), a leader in education loan management and business processing solutions, announced today that its Board of Directors approved a new share repurchase program for up to $1 billion of the company’s outstanding common stock.
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Toggle Summary Navient adopts short-term shareholder rights plan with 20% trigger
Designed to ensure fair and equal treatment of all investors WILMINGTON, Del., Dec. 20, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Navient Corporation (Nasdaq: NAVI) has adopted a shareholder rights plan (the “Rights Plan”) and declared a dividend distribution of one preferred share
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