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SLM Corp Director's Dealing 2010

Feb 18, 2010

30933_dirs_2010-02-18_593d54b5-fe69-4a4d-868f-2448f4891bd6.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SLM CORP (SLM)
CIK: 0001032033
Period of Report: 2010-02-09

Reporting Person: DEPAULO JOSEPH A (Executive Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-02-16 Common Stock P 3000 $11.0590 Acquired 40567.0000 Direct
2010-02-16 Common Stock P 3000 $11.0600 Acquired 43567.0000 Direct
2010-02-16 Common Stock P 3000 $11.0600 Acquired 46567.0000 Direct
2010-02-09 Series A Nonconvertible 6.97% Preferred Stock P 2500 $38.4054 Acquired 2500.0000 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 1740.0000 Indirect