$654,000,000 Class A-1 Student Loan-Backed Notes
$897,000,000 Class A-2 Student Loan-Backed Notes
$467,000,000 Class A-3 Student Loan-Backed Notes
$579,000,000 Class A-4 Student Loan-Backed Notes
$342,664,000 Class A-5 Student Loan-Backed Notes
$90,918,000 Class B Student Loan-Backed Notes
Quarterly Distribution Report
Quarterly Distribution Factors
Current Rates
Prospectus
Historical Reports
Date of Issue: June 30, 2004
Issue Amount: $3,030,582,000
Securities Offered:
Class A-1 Floating Rate Asset-Backed Notes
Rate: Three Month LIBOR + .00%
CUSIP: 78442GLZ7
Class A-2 Floating Rate Asset-Backed Notes
Rate: Three Month LIBOR + .04%
CUSIP: 78442GMA1
Class A-3 Floating Rate Asset-Backed Notes
Rate: Three Month LIBOR + .10%
CUSIP: 78442GMB9
Class A-4 Floating Rate Asset-Backed Notes
Rate: Three Month LIBOR + .15%
CUSIP: 78442GMC7
Class A-5 Floating Rate Asset-Backed Notes
Rate: Three Month LIBOR + .17%
CUSIP: 78442GMD5
Class B Floating Rate Asset-Backed Notes
Rate: Three Month LIBOR + .38%
CUSIP: 78442GME3
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:
Deutsche Bank Securities
Merrill Lynch & Co.
Morgan Stanley