$635,000,000 Class A-1 Student Loan-Backed Notes
$378,000,000 Class A-2 Student Loan-Backed Notes
$277,150,000 Class A-3 Student Loan-Backed Notes
$100,000,000 Class A-4 Student Loan-Backed Notes
$49,242,000 Class B Student Loan-Backed Notes
$68,182,000 Class C Student Loan-Backed Notes
Quarterly Distribution Report
Quarterly Distribution Factors
Current Rates
Prospectus
Historical Reports
Date of Issue: May 26, 2004
Issue Amount: $1,507,574,000
Securities Offered:
Class A-1 Floating Rate Asset-Backed Notes
Rate: Three Month LIBOR + .05%
CUSIP: 78443CBL7
Class A-2 Floating Rate Asset-Backed Notes
Rate: Three Month LIBOR + .20%
CUSIP: 78443CBM5
Class A-3 Floating Rate Asset-Backed Notes
Rate: Three Month LIBOR + .33%
CUSIP: 78443CBN3
Class A-4 Floating Rate Asset-Backed Notes
Rate: Three Month LIBOR + .43%
CUSIP: 78443CBP8
Class B Floating Rate Asset-Backed Notes
Rate: Three Month LIBOR + .47%
CUSIP: 78443CBQ6
Class C Floating Rate Asset-Backed Notes
Rate: Three Month LIBOR + .87%
CUSIP: 78443CBR4
Servicer:
Sallie Mae, Inc.
Indenture Trustee:
JP Morgan Chase Bank
Administrator:
Sallie Mae, Inc.
Luxembourg Paying Agent:
Deutsche Bank Luxembourg S.A.
Underwriters:
Merrill Lynch & Co.
Morgan Stanley
Barclays Capital
Deutsche Bank Securities
JPMorgan