SLM student loan trust 2006-C

$157,000,000 Class A-1 Student Loan-Backed Notes
$268,000,000 Class A-2 Student Loan-Backed Notes
$110,000,000 Class A-3 Student Loan-Backed Notes
$215,000,000 Class A-4 Student Loan-Backed Notes
$356,017,000 Class A-5 Student Loan-Backed Notes
$39,177,000 Class B Student Loan-Backed Notes
$54,245,000 Class C Student Loan-Backed Notes


Quarterly Distribution Report
Quarterly Distribution Factors
Current Rates
Prospectus
Historical Reports


Date of Issue: September 28, 2006

Issue Amount: $1,199,439,000

Securities Offered:
Class A-1 Floating Rate Asset-Backed Notes
Rate: Three Month LIBOR + .01%
CUSIP: 78443JAA7

Class A-2 Floating Rate Asset-Backed Notes
Rate: Three Month LIBOR + .05%
CUSIP: 78443JAB5

Class A-3 Floating Rate Asset-Backed Notes
Rate: Three Month LIBOR + .13%
CUSIP: 78443JAC3

Class A-4 Floating Rate Asset-Backed Notes
Rate: Three Month LIBOR + .17%
CUSIP: 78443JAD1

Class A-5 Floating Rate Asset-Backed Notes
Rate: Three Month LIBOR + .24%
CUSIP: 78443JAE9

Class B Floating Rate Asset-Backed Notes
Rate: Three Month LIBOR + .31%
CUSIP: 78443JAF6

Class C Floating Rate Asset-Backed Notes
Rate: Three Month LIBOR + .39%
CUSIP: 78443JAG4

Servicer:
Sallie Mae, Inc.

Indenture Trustee:
The Bank of New York

Administrator:
Sallie Mae, Inc.

Luxembourg Paying Agent:
Deutsche Bank Luxembourg SA

Underwriters:
Deutsche Bank Securities
Merrill Lynch & Co.
Morgan Stanley


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