General Revenue Corporation Raises Nearly $100,000 Through Local, Regional Fundraising Efforts

General Revenue Corporation (GRC), the nation’s largest university-focused collection agency along with The Sallie Mae Fund, the charitable organization sponsored by Sallie Mae today announced that they have generated nearly $100,000 through various fundraising initiatives in the Cincinnati area. The money raised will benefit local non- profits along with the American Red Cross.

GRC employees pledged $5,000 and The Sallie Mae Fund donated an additional $12,000 in support of FamiliesFORWARD, a non-profit agency providing services to help more than 1,200 Cincinnati children attend college. GRC adopted FamiliesFORWARD as a corporate charity in 2004 and has also donated more than $38,000 to help the organization implement the GRC Arts & Humanities after- school program.

“Through the generosity of General Revenue Corporation and The Sallie Mae Fund, FamiliesFORWARD’s after-school music and art classes will enrich the lives of more than 550 students and their families,” said Betti Hinton, President, FamiliesFORWARD.

GRC’s 16th annual Golf Outing generated more than $40,000, including a $2,500 donation from The Sallie Mae Fund, for the LoveQuest Children’s Foundation, a non-profit, public foundation dedicated to educating disabled children and adults about the medically acknowledged benefits of therapeutic horseback riding. Employees took part in raffles and volunteered to work the event held at Beckett Ridge Country Club in West Chester, Ohio.

In response to the devastation caused by Hurricane Katrina, GRC employees donated money and personal vacation days totaling more than $15,000. The Sallie Mae Fund matched this amount resulting in a total of more than $35,000 donated to the American Red Cross for Hurricane Katrina relief.

“We are an education and community-oriented company, first and foremost,” said Joe Fazzini, President, GRC. “I am delighted that our employees go the extra mile to give back.”

General Revenue Corporation. With more than 23 years specializing in the collection of delinquent debt, General Revenue Corporation has redefined the art of borrower negotiation and utilizes state-of-the-art technology to its fullest. More than 1,000 clients across the United States trust GRC with resolving their borrowers’ outstanding debt obligations. The company has more than 1,000 employees and is located in Cincinnati, and specializes in the recovery of education-related receivables. Additional offices are located in Indianapolis, Las Vegas, and Horseheads, NY. GRC’s Web site is located at http://www.generalrevenue.com/.

The Sallie Mae Fund, a charitable organization sponsored by Sallie Mae, achieves its mission — to increase access to a post secondary education for America’s children — by supporting programs and initiatives that help open doors to higher education, prepare families for their investment, and bridge the gap when no one else can. For more information visit http://www.salliemaefund.org/.