SLM student loan trust 2003-2


 

$162,240,000 Class A-1 Student Loan-Backed Notes
$246,045,000 Class A-2 Student Loan-Backed Notes
$263,529,000 Class A-3 Student Loan-Backed Notes
$288,861,000 Class A-4 Student Loan-Backed Notes
€588,000,000 Class A-5 Student Loan-Backed Notes
$66,550,000 Class A-6 Student Loan-Backed Notes
$100,000,000 Class A-7 Student Loan-Backed Notes
$100,000,000 Class A-8 Student Loan-Backed Notes
$100,000,000 Class A-9 Student Loan-Backed Notes
$60,753,000 Class B Student Loan-Backed Notes

Quarterly Distribution Report
Quarterly Distribution Factors
Current Rates
Prospectus
Historical Reports

Date of Issue: March 4, 2003

Issue Amount: $2,025,076,000*

Securities Offered:
Class A-1 Floating Rate Asset-Backed Notes
Rate: Three Month LIBOR + .02%
CUSIP: 78442GFN1

Class A-2 Floating Rate Asset-Backed Notes
Rate: Three Month LIBOR + .03%
CUSIP: 78442GFP6

Class A-3 Floating Rate Asset-Backed Notes
Rate: Three Month LIBOR + .10%
CUSIP: 78442GFQ4

Class A-4 Floating Rate Asset-Backed Notes
Rate: Three Month LIBOR + .19%
CUSIP: 78442GFR2

Class A-5 Floating Rate Asset-Backed Notes
Rate: Three Month Euribor + .26%
CUSIP: XS0163731846

Class A-6 Auction Rate Asset-Backed Notes
Rate: Auction Rate
CUSIP: 78442GFT8

Class A-7 Auction Rate Asset-Backed Notes
Rate: Auction Rate
CUSIP: 78442GFU5

Class A-8 Auction Rate Asset-Backed Notes
Rate: Auction Rate
CUSIP: 78442GFV3

Class A-9 Auction Rate Asset-Backed Notes
Rate: Auction Rate
CUSIP: 78442GFW1

Class B Auction Rate Asset-Backed Notes
Rate: Auction Rate
CUSIP: 78442GFX9

Servicer:
Sallie Mae Servicing LP

Eligible Lender Trustee:
The Bank of New York Trust Company, N.A.

Auction Agent:
The Bank of New York

Indenture Trustee:
The Bank of New York

Luxemburg Paying Agent:
The Bank of New York (Luxemburg) SA

Administrator:
Sallie Mae

Underwriters:
Credit Suisse First Boston
Salomon Smith Barney
Lehman Brothers
Fortis Bank

*Assuming $1.0835 coverts to €1.00


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