Sallie Mae 2003 Annual Report Download - page 14

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Ted Sparks
VICE PRESIDENT OF USA FUNDS SERVICES
Guarantor servicing represents one of
Sallie Mae’s first entries into fee-based
business, and continues to serve as a key
growth driver for the company. With the
support of USA Funds Services, USA
Funds’ new loan guarantee volume
(not including consolidation loans)
increased 19 percent in 2003, reaching
nearly $10 billion.
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