The Student Loan Corporation (SLC), a subsidiary of Citibank, N.A., announced today the launch of two new interactive tools on its website, www.studentloan.com, that provide advice and guidance to help consumers understand the basics of obtaining and paying back student loans.

“We are excited to support students and their families with these new online resources, particularly given our challenging economy and continued increases in the cost of higher education. The advisor tools simplify the process of applying for and paying back a student loan, which helps our customers feel confident in their financing decisions,” said Michael Reardon, Chairman, President, and CEO of SLC.

The information that families need to help them understand their options for financing higher education is readily available through the new Student Loan Advisor. Citi believes that the financial aid process should be easily understandable, not overwhelming. Students and parents can benefit from helpful guidance that explains student loan options and the process for obtaining them. From federal to private student loans, this interactive tool provides simple suggestions to make paying for college more affordable.

In addition, a new Repayment Advisor provides the knowledge and tools needed to manage student loans confidently. This interactive tool illustrates how borrowers can lower their monthly payments and what they can do if they are having difficulty making payments. Customers can evaluate loan payment options in order to select the repayment plan that is most appropriate for them.

The advisor tools are easy-to-use and navigate. Consumers can choose to listen to advice from a financial aid expert or hear first-hand experiences from other borrowers. Selected topics include:

• How to pay for college
• What student loan options are available
• When to start paying back student loans
• What to do if you can’t make payments

In addition to finding answers to the most commonly asked questions about paying for college, consumers can find more free and easy-to-use resources at www.studentloan.com.

About Citi

Citi, the leading global financial services company, has approximately 200 million customer accounts and does business in more than 140 countries. Through its two operating units, Citicorp and Citi Holdings, Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage and wealth management. Additional information may be found at www.citigroup.com or www.citi.com.

The Student Loan Corporation (NYSE: STU) is one of the nation's leading originators and holders of insured student loans providing a full range of education financing products and services to meet the needs of students, parents, schools and lenders. The company was previously a division of Citibank and became a NYSE-listed corporation in 1992. Citibank, N.A. is the majority shareholder. Citibank was one of the first banks to finance higher education, beginning in 1958.

For information or inquiries regarding student loans, please call 1-800-STUDENT. Customers with Telecommunication Devices for the Deaf (TDD) may call 1-800-846-1298. College planning and financing information is also available at www.studentloan.com.

Media:
Citibank, Public Affairs
Mark Rodgers, 212-559-1719
or
Investors:
The Student Loan Corporation, Investor Relations
Brad Svalberg, 203-975-6292