4 2008-03-17 0 0001032033 SLM 0001429661 k9tv*pnz 12061 Bluemont Way Reston VA 20190 0 0 0 1 EVP & CCO, Sallie Mae, Inc. Common Stock 2008-03-17 4 A 0 10000 0 A 10000.0000 D Stock Option (Right to Buy) 16.5400 2008-03-17 4 A 0 200000 0 A 2018-03-17 Common Stock 200000.0000 200000.0000 D These shares of Restricted Stock vest upon the later of the achievement of specific performance targets and a specified date. Fifty percent of these options become exercisable upon the Company's common stock having a closing price on the New York Stock Exchange of $19.85, for five trading days, but no sooner than March 17, 2009; 50 percent of these options become exercisable upon the Company's common stock having a closing price on the New York Stock Exchange of $23.16, for five trading days, but no sooner than March 17, 2010; they also become exercisable on the eight anniversary of the grant (March 17, 2016). Exhibit 24 - Power of Attorney By: Mary F. Eure (POA) 2008-03-19