What happened to the Upromise Education Foundation?
Sallie Mae Corporation, which acquired Upromise in 2006, sponsors The Sallie Mae Fund—a charitable organization whose mission is to increase access to higher education for America’s students by supporting programs and initiatives that help open doors to higher education, prepare families for their college investment, and bridge the gap when no one else can. The Fund’s giving efforts focus on access philanthropy – promoting that a higher education is accessible and affordable to all—and today directs annual giving programs that exceed $12 million. Because Sallie Mae already sponsors a charitable foundation with a very similar mission to the mission of the Upromise Education Foundation, Upromise dissolved the Upromise Education Foundation in 2007 and now works directly with The Sallie Mae Fund.
