Upromise will become a wholly-owned subsidiary of Sallie Mae and will keep its name and base of operations in Needham (Massachusetts). The company said the deal will help extend its reach through Sallie Mae's relationships with more than 6,000 colleges, universities and scholarship organizations. In turn, Sallie Mae will expand savings and investment options for its 10 million borrowing customers.
Thursday, June 1, 2006
Sallie Mae Buying College Savings Program Upromise
I have readers through out the world, and this story that I found in the Boston Globe afects people through out the USA. However, I only know of participating stores in my area (Kansas), like Homeland Stores, Price Chopper (Kansas & Missouri Stores are NOT affiliated with any of the stores in the Northeast), and Dillon's. At any rate progeram that they along with many others has been sold according to the Boston Globe, Upromise is sold to student loan provider Sallie Mae.
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