$355,000,000 Class A-1 Student Loan-Backed Notes
$437,000,000 Class A-2 Student Loan-Backed Notes
$408,000,000 Class A-3 Student Loan-Backed Notes
$522,074,000 Class A-4 Student Loan-Backed Notes
€500,000,000 Class A-5 Student Loan-Backed Notes
$92,245,000 Class B Student Loan-Backed Notes
Quarterly Distribution Report
Quarterly Distribution Factors
Current Rates
Prospectus
Historical Reports
Date of Issue: March 4, 2004
Issue Amount: $2,444,569,000*
Securities Offered:
Class A-1 Floating Rate Asset-Backed Notes
Rate: Three Month LIBOR - .01%
CUSIP: 78442GKX3
Class A-2 Floating Rate Asset-Backed Notes
Rate: Three Month LIBOR + .02%
CUSIP: 78442GKY1
Class A-3 Floating Rate Asset-Backed Notes
Rate: Three Month LIBOR + .08%
CUSIP: 78442GKZ8
Class A-4 Floating Rate Asset-Backed Notes
Rate: Three Month LIBOR + .13%
CUSIP: 78442GLA2
Class A-5 Floating Rate Asset-Backed Notes
Rate: Three Month EURIBOR + .18%
ISIN: XS0187454706
Class B Floating Rate Asset-Backed Notes
Rate: Three Month LIBOR + .47%
CUSIP: 78442GLB0
Servicer:
Sallie Mae Servicing LP
Eligible Lender Trustee:
The Bank of New York Trust Company, N.A.
Indenture Trustee:
The Bank of New York
Administrator:
Sallie Mae, Inc.
Luxembourg Paying Agent:
The Bank of New York (Luxembourg) S.A.
Underwriters:
Credit Suisse First Boston
JPMorgan
Merrill Lynch & Co.
*Assuming $1.2605 coverts to €1.00