$672,000,000 Class A-1 Student Loan-Backed Notes
$420,000,000 Class A-2 Student Loan-Backed Notes
$420,000,000 Class A-3 Student Loan-Backed Notes
$361,844,000 Class A-4 Student Loan-Backed Notes
$350,000,000 Class A-5 Student Loan-Backed Notes
$68,779,000 Class B Student Loan-Backed Notes
Quarterly Distribution Report
Quarterly Distribution Factors
Current Rates
Prospectus
Historical Reports
Date of Issue: June 29, 2005
Issue Amount: $2,292,623,000
Securities Offered:
Class A-1 Floating Rate Asset-Backed Notes
Rate: Three Month LIBOR + .00%
CUSIP: 78442GPM2
Class A-2 Floating Rate Asset-Backed Notes
Rate: Three Month LIBOR + .08%
CUSIP: 78442GPN0
Class A-3 Floating Rate Asset-Backed Notes
Rate: Three Month LIBOR + .10%
CUSIP: 78442GPP5
Class A-4 Floating Rate Asset-Backed Notes
Rate: Three Month LIBOR + .14%
CUSIP: 78442GPQ3
Class A-5 Floating Rate Asset-Backed Notes
Rate: Three Month LIBOR + .03% *
CUSIP: 78442GPR1
Class B Floating Rate Asset-Backed Notes
Rate: Three Month LIBOR + .25%
CUSIP: 78442GPS9
Servicer:
Sallie Mae, Inc.
Eligible Lender Trustee:
The Bank of New York Trust Company, N.A.
Indenture Trustee:
Deutsche Bank Trust Company Americas
Administrator:
Sallie Mae, Inc.
Luxembourg Paying Agent:
Deutsche Bank Luxembourg SA
Underwriters:
Citigroup
Goldman, Sachs & Co.
Barclays Capital
Merrill Lynch & Co.
Wachovia
* Effective until the initial reset date, which will occur on January 25, 2010.