$600,000,000 Class A-1 Student Loan-Backed Notes $307,000,000 Class A-2 Student Loan-Backed Notes
$325,016,000 Class A-3 Student Loan-Backed Notes
$43,641,000 Class B Student Loan-Backed Notes
$60,426,000 Class C Student Loan-Backed Notes
Quarterly Distribution Report
Quarterly Distribution Factors
Current Rates
Prospectus
Historical Reports
Date of Issue: March 25, 2004
Issue Amount: $1,336,083,000
Securities Offered:
Class A-1 Floating Rate Asset-Backed Notes
Rate: Three Month LIBOR + .06%
CUSIP: 78443CBF0
Class A-2 Floating Rate Asset-Backed Notes
Rate: Three Month LIBOR + .20%
CUSIP: 78443CBG8
Class A-3 Floating Rate Asset-Backed Notes
Rate: Three Month LIBOR + .40%
CUSIP: 78443CBH6
Class B Floating Rate Asset-Backed Notes
Rate: Three Month LIBOR + .58%
CUSIP: 78443CBJ2
Class C Floating Rate Asset-Backed Notes
Rate: Three Month LIBOR + .95%
CUSIP: 78443CBK9
Servicer:
Sallie Mae, Inc.
Indenture Trustee:
JP Morgan Chase Bank
Administrator:
Sallie Mae, Inc.
Luxembourg Paying Agent:
The Bank of New York ( Luxembourg ) S.A.
Underwriters:
JPMorgan
Merrill Lynch & Co.