SLM student loan trust 2004-7 


 


$325,000,000 Class A-1 Student Loan-Backed Notes
$438,000,000 Class A-2 Student Loan-Backed Notes
$260,000,000 Class A-3 Student Loan-Backed Notes
$285,000,000 Class A-4 Student Loan-Backed Notes
$156,273,000 Class A-5 Student Loan-Backed Notes
$45,287,000 Class B Student Loan-Backed Notes

Quarterly Distribution Report
Quarterly Distribution Factors
Current Rates
Prospectus
Historical Reports


Date of Issue: July 28, 2004

Issue Amount: $1,509,560,000

Securities Offered:
Class A-1 Floating Rate Asset-Backed Notes
Rate: Three Month LIBOR - .01%
CUSIP: 78442GMF0

Class A-2 Floating Rate Asset-Backed Notes
Rate: Three Month LIBOR + .03%
CUSIP: 78442GMG8

Class A-3 Floating Rate Asset-Backed Notes
Rate: Three Month LIBOR + .09%
CUSIP: 78442GMH6

Class A-4 Floating Rate Asset-Backed Notes
Rate: Three Month LIBOR + .15%
CUSIP: 78442GMJ2

Class A-5 Floating Rate Asset-Backed Notes
Rate: Three Month LIBOR + .17%
CUSIP: 78442GMK9

Class B Floating Rate Asset-Backed Notes
Rate: Three Month LIBOR + .36%
CUSIP: 78442GML7

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:
Citigroup
Goldman, Sachs & Co.
Lehman Brothers


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