News Releases

Date Title and Summary View
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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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 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 Supports New Boys & Girls Clubs of America Curriculum, Offering College Payment Resources to Teens Nationwide
Online program helps high schoolers prepare for post-secondary education and career success ATLANTA and WILMINGTON, Del., Nov. 15, 2021 (GLOBE NEWSWIRE) -- Boys & Girls Clubs of America , a seasoned leader in youth development, and Navient, a leading provider of education loan management and
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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 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 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 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 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 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, 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 Earnest and Going Merry Join Forces to Expand Access to Free Scholarship and Financial Aid Tools For Students
Acquisition to bring more financial aid options to students and borrowers SAN FRANCISCO (September 15, 2021) — Earnest , a fintech company dedicated to making higher education accessible and affordable for everyone, today announced the acquisition of Going Merry , a one-stop financial aid platform
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Toggle Summary Navient President and CEO to present at Barclays 2021 Global Financial Services Conference on Sept. 13
WILMINGTON, Del., Aug. 25, 2021 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leading provider of education loan management and business processing solutions, today announced that President and CEO Jack Remondi will participate in a virtual fireside chat at the Barclays 2021 Global Financial
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Toggle Summary Navient declares third quarter common stock dividend
WILMINGTON, Del., Aug. 11, 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 third quarter dividend of $0.16 per share on the company's common stock.
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Toggle Summary Navient names Michael Lawson as new board member
WILMINGTON, Del., July 29, 2021 (GLOBE NEWSWIRE) -- Michael Lawson, a well-respected attorney, public servant and civil rights leader, has been appointed to the Navient board of directors, effective Aug. 2, 2021. “We are excited to have Michael join the Navient board and believe he will be an
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Toggle Summary Navient posts second quarter 2021 financial results
WILMINGTON, Del., July 27, 2021 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leading provider of education loan management and business processing solutions, today posted its 2021 second quarter financial results. The complete financial results release is available on the company’s website at
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Toggle Summary Navient to announce second quarter 2021 results on July 27, host earnings call on July 28
WILMINGTON, Del., July 01, 2021 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leading provider of education loan management and business processing solutions, today announced it will release its 2021 second-quarter financial results on Navient.com/investors after market close on Tuesday, July 27,
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Toggle Summary Navient market-leading BPO solutions now available to federal government entities through GSA schedule
HERNDON, Va., June 8, 2021 — Navient B.P.O. announced today it has been awarded a MAS (Multiple Award Schedule) contract by the U.S. General Services Administration (GSA), the centralized procurement arm of the federal government. The five-year Indefinite Delivery, Indefinite Quantity Contract
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Toggle Summary Navient declares second quarter common stock dividend
WILMINGTON, Del., May 20, 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 second quarter dividend of $0.16 per share on the company's common stock.
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Toggle Summary Navient appoints Kelly Christiano as Consumer Lending EVP
WILMINGTON, Del. , May 12, 2021 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in education loan management and business processing solutions, announced the appointment of Kelly Christiano as executive vice president of consumer lending. “Kelly has earned a reputation for innovation and
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Toggle Summary Navient posts first quarter 2021 financial results
WILMINGTON, Del., April 27, 2021 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leading provider of education loan management and business processing solutions, today posted its 2021 first quarter financial results. The complete financial results release is available on the company’s website at
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Toggle Summary Boys & Girls Clubs of Delaware to host drive-thru college fairs
Event supports families with planning and paying for college WILMINGTON, Del., April 21, 2021 (GLOBE NEWSWIRE) -- The Boys & Girls Clubs of Delaware is proud to bring Drive-Thru College Fairs to the First State. The free drive-thru events will provide families and their students with information
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Toggle Summary Navient to announce first quarter 2021 results on April 27, host earnings call on April 28
WILMINGTON, Del., April 05, 2021 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leading provider of education loan management and business processing solutions, today announced it will release its 2021 first quarter financial results on Navient.com/investors after market close on Tuesday, April 27,
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Toggle Summary Boys & Girls Clubs of America, Roadtrip Nation, and Corporate Partners Join Forces to Bring Digital Career Exploration to Over 4 Million Young People
The Coca-Cola Company, Navient, Dell Technologies, and Raytheon Technologies are supporting Roundtrip Nation’s “Roadmap to Careers” rollout to 4,700 Boys & Girls Clubs across the country.  ATLANTA, GA – MARCH 10, 2021 – The future is uncertain for millions of young people, even more so with
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Toggle Summary Boys & Girls Clubs of America and Navient partner to bring career and college planning resources to support equity for youth in under-resourced communities
WILMINGTON, Del., March 02, 2021 (GLOBE NEWSWIRE) -- Boys & Girls Clubs of America, a seasoned leader in youth development, and Navient (Nasdaq: NAVI), a leading provider of education loan management and business processing solutions, are announcing a partnership to help young people and their
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Toggle Summary Navient appoints new Chief Information Officer, Chief Human Resources Officer
Experienced information technology and human resources leaders contribute to company’s strategic and operational growth WILMINGTON, Del., Feb. 22, 2021 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in education loan management and business processing solutions, today announced the
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Toggle Summary Navient CEO to present at 2021 Credit Suisse Financial Services Forum on Feb. 25
WILMINGTON, Del., Feb. 16, 2021 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leading provider of education loan management and business processing solutions, today announced that President and CEO Jack Remondi will speak at the Credit Suisse Annual Financial Services Forum at 8:45 a.m. ET Feb. 25.
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Toggle Summary Navient declares first quarter common stock dividend
WILMINGTON, Del., Feb. 04, 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 first quarter dividend of $0.16 per share on the company's common stock.
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Toggle Summary Navient posts fourth quarter 2020 financial results
WILMINGTON, Del., Jan. 26, 2021 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leading provider of education loan management and business processing solutions, today posted its 2020 fourth quarter financial results. The complete financial results release is available on the company’s website at
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Toggle Summary Navient to announce fourth quarter 2020 results on Jan. 26, host earnings call on Jan. 27
WILMINGTON, Del., Jan. 05, 2021 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leading provider of education loan management and business processing solutions, today announced it will release its 2020 fourth quarter and full year financial results on Navient.com/investors after market close on
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