Slide 1: Sallie Mae Fourth Quarter 2014 Investor Presentation
Exhibit 99.1 SALLIEQUARTER Investor FIRST Presentation MAE 2015
Slide 2: Cautionary Note Regarding Forward-Looking Statements
Cautionary ended capitalized This the other Factors” June regulations; associated changes infrastructure, servicing educational generally; general assumptions undertake In confirmation of over-period The presented what may For 2its connection what financial Company’s additional following preparation
Slide 3: Sallie Mae: leading brand in education lending
Thesaving, #1 Top Industry Complementary 3Over ranked Sallie 2,400 oneleading million Mae planning actively brand: Brand consumer market long-term 6 and managed out share paying of product 10 engaged university in consumers for private offerings education customers education relationships of educati
Slide 4: 2014 Highlights
2014 the Generated Originated Grew Recently Won Completed 4Regulatory Sallie Private Utah closed “Core $4.1 legal loan the Cease Mae Education Educational roll billion asales Highlights separation Earnings” $750 and outin Desist of of million excess Loan independent high Savings from oforders portfo
Slide 5: Sallie Mae Summary
Sallie Leading and Upromise Insurance Strategic Focus Competitive experience -over Balance Sheet FFELP Private Deposits Preferred 5Tangible 30+Servicer Relationships Largest 2,400 years Assets Mae Businesses Education Loans ($B private Common -Key 10.5 salesforce Equity Services Rewards schools Summ
Slide 6: Investment Highlights
74321Sallie Average 40+ Multi-channel Higher Robust Strong 15.9% 6Long-term Attractive Targeting Experienced Leading Simple years Mae Total capital Smart employment proprietary of low serving brand earnings Investment 30+ high customer Risk Option cost position delivery management years in growth Ba
Slide 7: Favorable Education Market Trends
Favorable Enrollment Public (millions) $41 $38 13.5 13.3 12.9 $17 12.1 $14 $12 2008 Estimated (billions) (thousands) Ed. $110 Benefit Grants $124 $46 Private Loans $8 7Total Full?Time Tax $42 $39 $18 $15 $13 $76 13.5 $32 $29 $168 2009 $93 Estimated $151 Private $20 $49 /Federal $18 $16 $14 Loans $34
Slide 8: Higher Education Value Proposition
Higher Relationship 1,800 1,600 Unemployment 1,200 1,400 6% 1,000 600 2% 0400 $Widening Silents Payment Key 60% 69% 8The 0%200 17,500 9,690 800 4% unemployment average Statistics8 of Less Average 12% 8%in Education students student $to $7,499 Early Earnings than 15,780 Income payment-to-income Betwe
Slide 9: Smart Option Product and Distribution
Smart Product 9–Distribution All Variable Offers Nationally Largest Represented Significant Leverage Marketing loans Option Features three national and are low Channels and recognized marketing Overview repayment on Fixed certified cost distribution vast sales customer Interest majority by force exp
Slide 10: High Quality Private Education Loan Originations
High $4,500 $3,500 7% ()M Or $1,500 2011 $0 $500 Private Originations % Average YoY 10 $MCosigned In $1,000 $2,500 $3,000 Originations School 2012 Quality $4,084 $3,345 Education Originated iginations 2013 $2,737 88% Payment Statistics Private $4,000 14% 2014 87% Growth Loan 22% FICO $2,000 Student
Slide 11: Analytical Approach to Underwriting
Analytical Initial Student $1,000 No Asset Manual ~8% Pass — Custom Multi-scenario 11 Thorough Higher High existing risk ofexpertise Screen minimum applications Review Scorecard credit scores, levels Approach SLM review utilization approach and but of loan 30+existing rigorous require of today Minim
Slide 12: High Quality Private Education Loan Portfolio
High Graduate Interest Private Portfolio 21% <700 2011 2012 30% Weighted As 12 of33% 780+ 10% Quality 20% December Education Only by Signature Average Y2014 Vintage Product 700—740 Deferred Private 31, Loans: Age /2014 Customer Smart Other Education 25% 2013 of $8.3bn Loan: 1% Option 47% 26% FICO 3%
Slide 13: Smart Option Loans Performance Trends
high 2011 % Smart Based) 16% 4% 0-D Months 2009—Signature Note: 131020 Charge-Offs10 Delinquencies10 90+ 2% 4.97% quality 2012 Information Option to Day 3040 14% in2.08% P&I ate 2013 Delinquencies10 borrowers, 14.84% 50Credit products Performance Loans Outperforms 3.74% Payments -Life Traditional 0.
Slide 14: Portfolio Estimated Loss Emergence Curve
Portfolio Estimated 3.0% 2.5% 9% Interest RATE $25 1.5% 1DEFAULT PERIODIC 1.0% 1234 0.0% 35% 0.5% YEARS Emerging offs 142 Years Fixed/In occur 567 3% 25% <1 2.0% Only/In IN Year Migrating P&I 8loan Loss in28% +P&I 2+ the School P&I Years losses Emergence School REPAYMENT firstto2P&I are Full years c
Slide 15: Conservative Low Cost Funding Approach
Conservative Low Term Multi-year Whole Substantial — 2014 Retail Secured 15 40% 60%Targeting 90% Brokered Retaining Capacity Provides $750mm $2.4bn cost Target funding deposits loan of debt deposit of retail revolving liquidity sales seasonal to conduit deposits $1 on-balance experienced 40% Funding
Slide 16: Financial Review Q4 2014
Financial (in FFELP Cash Sheet lance Brokered Ba Other Equity Total PSL Interest Net Provision NIM Gain Fee Gain/(Loss) eStatement Incom Preferred GAAP ROA ROCE Metrics CSEs Core 16GAAP millions) Retail Interest Income $After Reserve On Earnings EPS $Liabilities Loans (Core) Total Other 432 Liabilit
Slide 17: 2015 Guidance
2015 Operating Additional $4.3 Target $325 $5 17 Million Billion Guidance Originations Million Expenses $1.5 Restructuring Billion $116—$130 Expense Loan Million Sales$0.48-$0.50 at 7.5% Premium Provision for Loan Losses, Private “Core Earnings” diluted EPS
Slide 18: Sallie Mae Summary
Sallie Market High A 18financial quality Mae share Bank services assets leaderand company in private conservatively with student highloan funded growth industry balance trajectory sheet andPredictable excellent return balance onsheet equity growth for the next several years Strong capital position a
Slide 19: Appendix
19 APPENDIX
Slide 20: Core Earnings to GAAP Reconciliation
Quarters (Dollars Preferred common Adjustments: Net Total GAAP Derivative $“Core (1) as loss (2) 2019,717 0.03 the Derivative “Core impact tax over “Core periodic Earnings” $diluted net effect(2) 0.14 in Ended stock $the stock Earnings” income adjustments, 60,202 thousands, of Earnings” life $deriva
Slide 21: Footnotes and Sources
1 The 2Footnotes 3Note: each 987654also Navient 10 11 were 12 Mae. data 21“Total Source: Signature Percentage Sallie exist for school originated Academic performance periods and post-secondary Mae publicly Trends U.S. PEW Brown College type. Sallie loans converted of Department Bureau Research durin