Smart Option Student Loan - VolCorp

SALLIE MAE? PARTNER CHANNEL

Smart Option Student Loan?

October 27, 2010

Jim Johnson Vice President Silver Sword Capital Partners Sandy Swofford Senior Vice President of Marketing and Business Development VolCorp

Confidential and proprietary information ? 2010 Sallie Mae, Inc. All rights reserved.

AGENDA

The Education Lending Opportunity Identifying Sales Opportunities Smart Option Student Loan Features & Benefits Families and Cosigners The Loan Process Reporting Sales Tools Review Q&A

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NOT FOR BORROWER OR STUDENT DISTRIBUTION.

Confidential and proprietary information ? 2010 Sallie Mae, Inc. All rights reserved.

THE EDUCATION LENDING OPPORTUNITY

After the excitement of college acceptance, many students -- and their families -- face the challenge of how to pay for school, but they have limited knowledge of their financing options.

In 2010, there will be nearly 16 million undergraduate students

More than $11 billion in private student loans are likely to be required

Through a partnership with Sallie Mae, you can now offer customers guidance on their education financing

options and a private student loan solution -- the Smart Option Student Loan? -- that can help our customers bridge the college funding gap.

The education lending selling season is very brief, running from April -- when many college acceptance letters go out --

through August when the first tuition bills are due. MINI-PEAK

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NOT FOR BORROWER OR STUDENT DISTRIBUTION.

Confidential and proprietary information ? 2010 Sallie Mae, Inc. All rights reserved.

THE EDUCATION LENDING OPPORTUNITY CONT.

This partnership enables partners to:

Ensure continued availability of a private lending option for families in VolCorp's footprint

Tap a fair share of the $11 billion in private student loans estimated for 2010

Retain and grow your current customer relationships by offering this solution with student checking, debit cards, online banking, etc.

Acquire new customers likely to grow into long-term relationships

60% of students are likely to stay with their bank after graduation (Celent 2007)

The millennial/student market has the potential to provide VolCorp with an enhanced market opportunity

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NOT FOR BORROWER OR STUDENT DISTRIBUTION.

Confidential and proprietary information ? 2010 Sallie Mae, Inc. All rights reserved.

IDENTIFYING SALES OPPORTUNITIES

Questions you may here from your customers:

May I use a home equity line to fund my child's college education?

Is it a good idea to liquidate a CD to pay for tuition?

I have a child heading to college, can I open a student checking account and link it to my account for money-transfers?

Do you offer parent or student loans to cover the cost of college?

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NOT FOR BORROWER OR STUDENT DISTRIBUTION.

Confidential and proprietary information ? 2010 Sallie Mae, Inc. All rights reserved.

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