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Navient Foundation awards $6,000 to YMCA of Delaware

WILMINGTON, Del., Aug. 11, 2015 (GLOBE NEWSWIRE) -- Navient, the nation's leading loan management, servicing and asset recovery company, has announced that Navient Foundation, the company-sponsored philanthropic organization, awarded a $6,000 grant to YMCA of Delaware, a nonprofit organization dedicated to enriching the emotional, physical and social lives of all individuals and families within the community.

"We are thankful for the Navient Foundation's grant to the YMCA of Delaware," said Deborah Bagatta-Bowles, chief executive officer, YMCA of Delaware. "These dollars are helping underserved families send their children to safe and nurturing YMCA day camps statewide. We welcome the partnership with Navient, and look forward to strengthening Delaware together."

The grant award provided support to the YMCA's six Delaware locations, which serve low-income children and their families throughout the summer.

"Building a sense of community through social bonds is important for not only our youth, but also for families and friends," said Sheila Ryan-Macie, senior vice president, Navient. "We are proud to help support the YMCA of Delaware and their meaningful initiatives."

Learn more about YMCA of Delaware.

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About Navient

As the nation's leading loan management, servicing and asset recovery company, Navient (Nasdaq:NAVI) helps customers navigate the path to financial success. Servicing more than $300 billion in student loans, the company supports the educational and economic achievements of more than 12 million Americans. A growing number of government and higher education clients rely on Navient for proven solutions to meet their financial goals. Learn more at navient.com.

CONTACT: Nikki Lavoie, 302-283-4057, nikki.lavoie@navient.com

Source:Navient