SallieMae Corporation (SLM) DRIP

DRIP Plan Highlights
Enrollment
Please note: This DRIP does not allow initial investments by non-shareholders. Only existing shareholders may enroll in this DRIP.
Minimum shares required to enroll			1 Share
Purchases
Minimum purchase			$0
Maximum purchase			N/A
Fees
Account Setup Fee			None
Automatic investment Fee			None
Optional Cash Purchase			None
Reinvestment Fee			10% upto $3
Sale Fee			$15.00
Company Web Site			https://www.salliemae.com
Additional Plan Information			Agent Site

SallieMae Corporation DRIP Details:
SallieMae Corporation is an education financial services company. The SallieMae Corporation Dividend Reinvestment Plan offers a poor holding vehicle for your SallieMae investment unless you already own shares. For investors without an existing investment in SallieMae, a low cost brokerage such as Sharebuilder would be your lowest cost holding vehicle for your SLM investment.
Pros:
No account setup fee
No investment fees
Cons:
Requires 1 share to enroll
Dividend reinvestment fees